Purchase or refinance a single rental property with our DSCR Single Rental Loan.
RATES STARTING AT 6.1%
Our Single Rental Loan enables investors to purchase a new property to expand their rental portfolio. Investors use this Debt Service Coverage Ratio (DSCR) loan to refinance a property for a better rate, or take cash out to access equity.
30-year fixed, arm options available
Full Recourse only
30-Year fixed rate mortgage (Fully Amortizing)
5/6, 7/6, 10/6 Hyrbid ARMs (Partial IO or Fully Amortizing)
Purchase, rate-term refinance, or cash-out of a single rental property
660
Entity required
Call for Quote
Single Family Residences (SFR)
2-4 unit properties
Warrantable condos
Townhomes
PUD
Purchases only or Leased within 30 days
Not Permitted
Not allowed from ineligible country list
Leased Units: Lower of (i) In-Place Rent & (ii) Market Rent
Unleased Units: 90% of Market Rent (Purchase Loans only)
If Owned < 3 months, 80% of Total Cost Basis
$75k - $2MM
Up to 80% on purchase and rate & term. Up to 75% on cash-out.
1 property per loan
1.10x
180 days
