Rental Portfolio Loan
When an investor wants to unlock equity and get cash out or purchase a portfolio of 2 or more properties.
The Portfolio Rental loan is underwritten on the property cash flow with no personal income verification. There isn’t a limit to the number of properties that can be finance. This is a perfect loan for the buy-and-hold investor. The loan offers a standard and express product with minor differences.
Key notes of the Rental Portfolio Loan
- Purchase, Refinance and Cash-out
- Properties deeded in Entities name
- 5,7,10 year balloon or 30 year fixed
- Max LTV 75%
- Minimum property value $100k*
- Minimum units 2
- Property types ( SFR, 2-4 units, condos, townhomes, PUD, Multi-family, 5-20 units
Have questions? Give us a call! One of our mortgage specialists would be happy to answer all of your questions.