Highlights
Fast, flexible financing for income-producing rental properties
- Loan Amount: $75K
- Maximum Loan Amount: $3.5M
- Up to $50M (case-by-case pricing adjustments)
- Up to $50M (case-by-case pricing adjustments)
- Minimum LTV: 60% (Foreign Nationals – Cash-Out)
- Maximum LTV: 80% (Purchase or Rate/Term)
- Minimum DSCR: 0.75
- Starting Rate: 5.50%
- Points: 2.00%
- Closing Time: 20 days
- Maximum Closing Time: 30 days
- Minimum Experience: None required (strong credit and reserves required)
- Minimum Credit Score: 660
- 640 (case-by-case pricing adjustments)
- 640 (case-by-case pricing adjustments)
- Loyalty: Repeat borrower discounts
Business-purpose loans only; not for owner-occupied properties. All loans subject to underwriting, appraisal, credit, liquidity, and borrower experience. Rates, terms, and points may vary by project and location, and are subject to change without notice.
Eligible Properties:
- Non-owner-occupied 1–4 unit residential
- Single Family Homes
- Warrantable Condominiums
- Townhomes
- Planned Unit Developments (PUDs)
- Vacation or seasonal rentals (case-by-case pricing adjustments)
Ineligible Properties:
- Non-warrantable condominiums
- Mixed-use properties
- Multifamily with 5+ units
- Manufactured or mobile homes
- Co-ops
- Condotels
- Leasehold properties
- Cabins or log homes
- Operating farms, ranches, or orchards
- Oil/gas lease properties
- Unique or exotic properties
- Properties with unpaved or dirt roads
- Rural or illiquid properties (case-by-case pricing adjustments)
Geographic Availability:
- All U.S. states except VT, SD, ND, NH
Loyalty:
- Repeat borrower discounts