Longer Term Hold

Longer term financing with up to 30 year terms for real estate investors who are looking to buy & hold property in their rental portfolio for investment. Fix to Rent Take Out Option. The property qualifies for the loan not your personal income. Great products for Fix to Rent, or Cash Out Long Term Holds. Works well for investors looking for 1031 exchanges that do not qualify with traditional bank finance options allowing them to complete exchanges to better position their portfolio with better asset quality and cash flow. This product allows for better rates than shorter term products.

TERM: 30 Year Fixed Products

LTV:  Up to 75%

Min Credit Score: 680

Loan Amount: $100,000 – $10,000,000

No Income Verification/DTI Calculations

No Personal Tax Returns or 4506

No Limit on Number of Current Loans

Rents, LTV, Credit Score Determine Interest Rates

3 Year Pre Payment Penalty 3/2/1

Rented or Rent Ready Properties

SFR, 2-4 Unit, or Condo

Typically 21-30 Days To Close

Vacation Short Term Rental Program Available Case by Case