30 Year Rental Loans for Landlords
Rehab To Rental Program
Perfect to cash out on your rehab and hold it long term as a rental
Designed for Investors looking for a non-bank loan 30 year product
Long Term Private Money Loan For Investment Properties
This loan program has been designed for those investors looking for a 30-year rental loan to hold their investment properties long term without going to a bank. This is the perfect loan for landlords. This program works well for those investors looking to portfolio multiple cash flowing rental properties.
Are you looking to rehab and then rent? Use our ARV Fix and Flip loan product and then roll your loan into this program as a long term hold.
Submitting your application package is quick and easy.
Long Term 30 Year Landlord Loans
This is unlike any other soft money program on the market today. Closing times in as little as 15 days, credit scores from 620 and up and loan amounts from 50K and up.
If you’re looking for a 30-year product with a 5-year arm, ask about our rates! Starting at 3.75%!! This is for 1-4-unit residential properties, townhouses and condos ONLY. No commercial or owner-occupied homes allowed.
30 Year Loan Highlights
- Rates from 3.75%
- 620+ Mid Credit Score required
- Property Types – Single Family, 2-4 unit, Condos, Townhouses
- Closings in 15-20 days
- Approvals in 30 minutes or less
- Available in 45 states + Washington DC
- Single properties or portfolio loans available
- Bank Statements only – No borrower DTI requirements (no tax returns, no paystubs to qualify)
- Non-Owner-Occupied properties only (no homeowner loans)
- 1.1 DSCR Requirement
- Seasoning requirement 90 days when there is existing debt on the property (otherwise 180 days)
- “As is” Appraised value must be $75K or greater (some markets $100K or greater)
- Loan to values
- Purchase: Lesser of up to 80% of the As-Is Value or Up to 80% Loan-to-Cost
- Refinance: Up to 80% of the As-Is Value
- Cash-Out: Up to 75% of the As-Is Value