You can leverage the equity in your current rental portfolio to fund additional business activities. If you are building your rental portfolio for the long term, and do not quite meet the criteria of banks or conventional lenders, the 30-year fixed rate program is the perfect solution.

Loan Program Summary

  • Loan amounts from $30,000 to $500,000
  • AVR (after rehab value) LTV is 65% (70% case-by-case basis)
  • Terms from 3-12 months
  • Interest only payment for term of loan
  • No prepayment penalty
  • 1-4 units investment property

30-Year Fixed Rate Program Summary

  • Loan amounts from $75,000 to $1,500,000
  • Rates starting as low as 6.75%
  • 30-year fixed rate, fully amortizing
  • No balloon payment
  • Taxes and insurance must be escrowed
  • Minimum FICO of 650 for higher score borrower
  • No income verification, leases are required
  • Debt service coverage up to 90% (PITI divided by lease amounts)
  • Up to 80% LTV
  • 1-4 units
  • 3-year pre-payment penalty

Loan Application