Long-Term Rental Loans
Purpose: Financing for investors holding properties for rental income.
– Benefits:
– Loan amounts: $75,000 – $5 million
– Up to 80% LTV(Loan-to-Value)
– Fixed or adjustable rates available
–Eligibility Criteria:
-Credit Score: 680+
-Debt-Service Coverage Ratio (DSCR): 1.0+
– Property Type: 1-4 unit rental properties
-Experience**: Not required but preferred