Single Property Rental Terms
Recourse | Full Recourse only |
Rate Types | Fixed and adjustable rate options available |
Experience | not required |
Loan Purpose | Purchase, rate-term refinance, or cash-out of a single rental property |
Minimum FICO | 660 |
Amortization | Fully amortizing and Partial Interest Only options available |
Borrower Type | Entity required |
Property Types | Single family residences (SFR) 2-4 unit properties |
Vacancy Maximum | Purchases vacant are ok & 1 unit on a 2-4 unit refinance |
Rural Properties | Not permitted |
Foreign Nationals | 65% LTV |
Lease Requirements | Leased Units: Lower of (i) in-place rent & (ii) market rent Unleased Units: 90% of market rent |
Maximum Loan-To-Cost | If owned < 3 months, 80% of total cost basis |
Minimum Loan Amount | $75k – $2MM |
Maximum Loan-To-Value (LTV) | Up to 80% on purchase and rate & term. Up to 75% on cash-out |
Property Acquisition Minimum | 1 property per loan, up to 4 units max |
Minimum Debt Service Coverage Ratio (Gross Rent/PITIA) | 1.05x |
Seasoning Requirement (To use value vs. cost basis) | 90 days |
Term | 30 years |
Interest Rate | Call for quote |
Services
Why Investors Choose Us
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Take the next step toward growing your real estate portfolio. Our team is ready to help you secure the right financing solution—fast, flexible, and tailored to your goals.