Rental Portfolio Loans

A full suite of products for all rental property financing needs.

RATES STARTING AT 6.1%

Do you want to purchase or refinance multiple investment rental properties? Partner with Finance of America Commercial for a long-term solution to consolidate your rental properties and generate cash flow.

Key Facts About Our Rental Portfolio Loans

  • DSCR blanket loan with no W2s, paystubs, or tax returns required
  • Minimum 680 FICO
  • Single Family Rental (SFR), warrantable condos, townhomes, PUD, 2-4 units
  • Foreign Nationals allowed

Term

30-Year term, Fixed Rate Mortgage (Fully Amortizing) 5/6, 7/6, 10/6 Hybrid ARMs (Partial IO or Fully Amortizing)

Lease Requirements

Up to 100% of rehab budget

Recourse

Up to 90% LTC

Loan Purpose

Up to 75% ARLTV

Minimum FICO

Generally, we use LTC on lopsided projects (where the purchase price is lower than rehab budget)

Borrower Type

Full Recourse Only

Interest Rate

$50K - $3.5MM

Property Type

Rehab loan for non-owner occupied residential investment property

Minimum Debt Service Coverage Ratio (Net Cash Flow/Debt Service)

Entity required

Vacancy Minimum


Non-Owner Occupied:
Attached or detached SFR
2-4 unit properties
Townhomes
Warrantable Condos

Rural Properties

Not allowed from ineligible country list

Foreign Nationals

NO prior experience required

Make it Happen with Maaj Capital.

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