5/1 Flex Term

Who are 5/1 Flex Term Loans Suited For?

Center Street Lending 5/1 Flex Term loans are great for rental property owners looking for a 5/1 flex term option.

Property Types We Fund

We lend on single-family residence, 1 to 4 units, townhomes, planned unit developments, or condominiums. All properties must be non-owner occupied. Foreign nationals are subject to a lower loan to cost (LTC) and loan to value (LTV) thresholds.

How do 5/1 Flex Term Loans Work?

We require a minimum score of 650+ and a $100,000 loan amount. All of our loans are serviced and underwritten in-house, for a 7 to 10 business day closing time. Once you have filled out an application and been pre-qualified for your loan you will need to provide specific documentation.

5/1 Flex Term Program Criteria

To get a 5/1 Flex Term loan started you will need:

  • A 650+ minimum score
  • $100,000 – $5,000,000+ non-owner occupied property
  • 2 months of recent bank statements
  • Score and background check


  • Max LTV 75%
  • Rates from 5.99%
  • I/O Fixed for 60 mo. (30 year amort.)

States We Lend

  • Arizona
  • California
  • Colorado
  • D.C.
  • Florida
  • Georgia
  • Maryland
  • North Carolina
  • Oregon
  • Tennessee
  • Texas
  • Virginia
  • Washington

Looking for lending in a state not listed? We do lend in other states on a case by case scenario. Give us a call to see what we can do for you.

Recent Deals


Jeremiah can answer all of my questions, so pleasant to deal with, hard-working, kept me informed and in the loop at every step.

Doug F.

There is no way I would have been able to close on my purchase in the time I did if it wasn’t for Center Street’s rapid funding. They were quick and efficient right down to every detail.

Barbara T.

I appreciate how professional the staff at Center Street has been. Even when things got a bit difficult, as they do during rehab projects, it was always a pleasure to speak with everybody at the office.

Jeremy D