RESIDENTIAL RENTAL PROGRAM
We dropped a game changer on the rental financing market by offering investors the opportunity to obtain no-income, no-asset check loans on rental properties. Our Residential Rental Program is the perfect way to obtain residual income for the long run.
Term: 5,7,10/Yr. ARMS or 30 year Fixed
Property: 1-4 Family, Condo, Townhouse, Planned Unit Development.
Interest Rate: Staring at 6.5% (30 Year Fixed)
Purchase: Up to 80%
Interest only or Fully Amortizing programs available.
Rate & term up to 75%
Cash out max 70%
Debt Service Coverage Ratio: 1.25%
Experience Required: 6 Months Property Management
Open to Foreign Nationals!
The Residential Rental Program has two tracks:
BUY & HOLD
Allows for Individual Properties to be purchased or refinanced (even with cash out) on loan sizes starting at $250k.
Allows investors to buy or refinance a portfolio of rental properties with one loan.
The Portfolio Program requires a minimum loan amount of $1MM, with each individual property required to be worth at least $50k.