30 Year Private Money

30 Year Private Money is here!

Rehab to Rental Program / 30 year program

This program has been designed for those investors looking for a 30 year product to hold their investment properties long term without going to a bank. This is the perfect loan for landlords. If you are looking for blanket loans, look no further!

  • Rehab to Rental – use our ARV loan product and then roll your loan into this program as a long term hold
  • Purchase money up to 75% of purchase for turnkey properties that you want to hold long term
  • Cash out on investment properties up to 75% and hold the property long term

This is unlike any other soft money program on the market today. Closing times in as little as 20 days, credit scores from 660 and up and loan amounts from 75k and up and a 30 year fixed rate makes this program ideal for investors.

If your looking for a 30 year product with a 5 year arm, ask about our rates! Starting at 4.99% – 6.9% on a fully amortizing 30 year loan.

30 year Fixed Landlord Loans are available in the following states:

AL, CA, CO, CT, DC, DE, FL, GA, IL, IN, IA, KS, KY, LA, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NC, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WV, WI, WY 

Program Highlights

  • NO SEASONING REQUIREMENTS – we will lend 80% of what you paid and 80% of the rehab you put into the prop if owned under 12 months
  • Purchase money, Cash out and rate/term refinances
  • Loan to values up to 75% (10% reduction for vacant properties)
  • Rates from 7.4%
  • Mid credit scores 660+
  • Closing time 25 days
  • Loan term 30 years
  • Fixed rate
  • 5/1 arm available
  • Eligible property types 1-4 unit residential investment and condos
  • Blanket/Portfolio loans available
  • Stated income (Loan qualified off of the property debt service, not your personal income)
  • Non-recourse available for IRA’s
  • All properties must be worth 100k+  (in some states values will need to be higher to qualify)

Submit your application below and we will get right back to you

 

 

YesNo