Long-Term Rental Financing

Obtain long-term rental financing with 30-year terms.

LOAN CRITERIA

Collateral:

Non-Owner Occupied 1–4 Family Real Estate; Condos; Townhomes;
Planned Unit Development (PUD)

Term:

30 Years

Loan Amount:

$75K–$1.5M

LTV:

Purchase: The Lesser of Up to 80% of the As-Is Value
or Up to 80% Loan-to-Cost
Refinance: Up to 80% of the As-Is Value
Cash-Out: Up to 75% of the As-Is Value

Property Value:

“As-Is” Appraised Value Must Be Greater Than $115K
Subject to Increase Based on Location

Credit Score:

680 Minimum

Debt Service Coverage Ratio (DSCR):

1.05