Rental Program

Our rental program is for seasoned investors who buy and rent residential properties up to 4 units.

Rental Program

Loan Features

Call (800) 208-2976 to speak with a Relationship Manager

Loan Amount: $150,000 – $1,500,000 ($50,000/unit min.)
Loan term: 30 years, 3 years fixed
Prepay: 3% prepay first 3 years, 3/2/1 available
Rates and points:  Extremely competitive
Maximum LTV: Up to 75%
Cash out available: Certain terms apply
Quick closing time: 10 days or less
Underwriting: Flexible with minimal documentation
Property types: Single-family residence, 2-4 units,
townhome, planned unit development & condominium
Markets: AZ, CA, CO, DC, FL, GA, MD, NC, OR, TN, TX, VA & WA
Occupancy: Non-owner occupied properties only
Foreign nationals: Subject to a lower LTV threshold
Minimum DSCR: 0.75
Note: DSCR = Gross Rental Income/PITIA (Principle, Interest, Taxes,Insurance, Association Dues)

Rental Program

Loan Benefits

Create more opportunities with fast loan turnaround
Easy lending with limited documentation required
Simple process with loan based on DSCR vs. tax returns