ESU-Global is able to source financing for investors with the financing to build long term wealth with our Investor Rental Portfolio loan program. With flexible term lengths and low rates, our clients have everything they need to grow their real estate empire.

Loan Criteria

Collateral

Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes; Multi-Family Apartment Buildings (5 – 9 Units)

Term:

3, 5, 7, & 10 Year

Amortization Options:

3 Year Term: 30Y Amort + 3Y Balloon, or 3Y IO + 3Y Balloon
5 Year Term: 30Y Amort + 5Y Balloon, or 5Y IO + 5Y Balloon
7 Year Term: 30Y Amort + 7Y Balloon, or 7Y IO + 7Y Balloon
10 Year Term: 30Y Amort + 10Y Balloon, or 10Y IO + 10Y Balloon

Minimum Loan Amount:

$55k per Individual Property

Maximum Loan Amount:

$1.5M per Individual Property
$20M Overall Portfolio

Minimum Property Value:

Individual Property Value:
1 Unit: $75k
2 – 4 Units: $100k
5 – 9 Units: $125k

Average Portfolio Value:
$100k

Credit Score:

680

Minimum Occupancy Rate:

90%*
*As Evaluated by Both Property Value and Unit Count

Minimum DSCR Requirement:

1.20

OTHER CONSIDERATIONS:

Purchases

FICO	Maximum Loan-to-Value (LTV)	Maximum Loan-to-Cost (LTC)
720+	Up to 70% of the As-Is Value	Up to 70% Loan-to-Cost
700-719	Up to 65% of the As-Is Value	Up to 65% Loan-to-Cost
680-699	Up to 60% of the As-Is Value	Up to 60% Loan-to-Cost

Refinance/Cash-Out Options

FICO	Refi Maximum LTV	Cash-Out Maximum LTV
720+	Up to 65% of the As-Is Value	Up to 65% of the As-Is Value
700-719	Up to 60% of the As-Is Value	Up to 60% of the As-Is Value
680-699	Up to 55% of the As-Is Value	Up to 55% of the As-Is Value