Long Term 30 Year Rental Loans

RATES:

5.25% - 8.50%

LOAN TO VALUE:

Up To 80% LTV

LOAN AMOUNTS:

$80,000 - $1,000,000

BLANKET LOANS:

YES, UP TO 10 PROPERTIES

YES, UP TO 10 PROPERTIES

LOAN POINTS:

Depending on the strength of the file,

EVALUATION** PROCESS:

Appraisal IS REQUIRED

LOAN PURPOSE:

Business, Commercial Only (No Consumer Loans)

LOAN TERMS:

3O YEAR FIXED P&I PAYMENT

MINIMUM FICO:

650 Fico

LENDING FOOTPRINT:

Nationwide Except: AZ., ID., MN., OR., SD., VT., ND., UT., AK

LOAN TO PURCHASE:

Up To 80% LTP

AMORTIZATION:

360 MONTHS

PROPERTY TYPES:

Non Owner SFR, 2-4 Units, TOWN HOMES, CONDO'S

LIEN POSITION:

Senior Lien Position

VESTING:

ENTITES ONLY
(CORP., LLC, LP)

LOAN PURPOSE:

Purchase, Cash Out, Rate & Term

TITLE SEASONING:

NO SEASONING

PRE PAYMENT PENALTY:

3% YEAR ONE, 2% YEAR TWO, 1% YEAR THREE

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*We Only Lend on Investment Real Estate Only, We will NOT FUND a CONSUMER PURPOSE Loan.
**APPRAISAL MUST HAVE A 1004 & 1007 FORM OR BPO MUST BE COUPLED WITH RENTAL ANALYSIS
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