
Long Term Rental Loans

Who are Long Term Rental Loans Suited For?
Center Street Lending’s long term rental loans are for rental property owners that are looking for a 30-year refinance option.
Property Types We Long Term Rental Fund
We lend on single-family rental properties, 2 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 Long Term Rental Loans Work?
We require a minimum score of 620+ and a $100,000 loan amount. All of our loans are serviced and underwritten in-house, for 7-10 business day funding time. Once you have filled out an application and been pre-qualified for your loan you will need to provide specific documentation.

Long Term Rental Program Criteria
To get a Long Term Rental loan started you will need:
- A 620+ minimum score
- $100,000 up to $2,000,000 non-owner occupied property
- 2 months of recent bank statements
- Score and background check

Terms
- Max 80% LTV
- Rates starting at 7%
- 30-year term
- DSCR and minimum 3 year pre-pay (state specific)
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

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Elmwood, CA
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Cape Coral, FL
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Laguna Niguel, CA
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Greenwich, CT
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Murrieta, CA