Rental Property Financing

The best suite for products on the market

For single properties and small portfolios.
Loans from Min $50K-$+.

For portfolios with 5 or more properties. Loans
from Min $500K-$+. 30-year term options.

Program Highlights

30-year term option for all products
Flexible prepayment options
Up to 75% LTV
Non-recourse for premier
5/1, 10/1, and 30-year fixed options
Single loans or portfolios with as few as 2 properties

Rental Loan Program Summary

Rental30® Rental30 Premier®
Purpose Long-term rental property loan, purchase, or refi
For one property or small portfolios
Long-term rental property loan, purchase, or refi
For portfolios of 5+ units, $500K minimum loan
Property Type Single-family, 2-4 units, townhomes, condos,5+ Units, All non-owner occupied Single-family, 2-4 units,townhomes, condos All non-owner occupied
Term 30-year fixed with full amortization
5/1 ARM with 30-year amortization
5/1 interest only with 25-year amortization
10/1 interest only with 20-year amortization
2-year interest only with 1-year extension option
30-year fixed with full balloon
5/1 ARM with 30-year amortization
5/1 interest only with 25-year amortization
10/1 interest only with 20-year amortization
2-year interest only with 1-year extension option
Rate Options Varies based on cash flow, terms, LTV, FICO, prepay option Varies based on cash flow, terms, LTV, FICO, prepay option
Loan Amounts Min $50K+ Min $500K+
Max LTC/LTV Up to 75% Up to 75%
Prepay Penalty Declining points or yield maintenance options.
Varies based on selected terms.
Declining points or yield maintenance options. Varies based on selected terms.
Non-recourse Full recourse DNon-recourse, with standard bad-boy carveouts
DSCR Requirements >1.30x (Gross Rents/PITIA) >1.15x (Gross Rents/PITIA)
Subordinate Debt Not allowed Not allowed
Minimum FICO 660 660
Net Worth n/a >25% of the loan amount
Bankruptcy
Foreclosure
Short Sale
Deed in Lieu
None in the past 3 years None in the past 3 years

Finally, the funding you need. When everyone else says no, we say yes! Contact us to start your success plan today and you’ll never lack the funding you need to grow your business.
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