Single Rental Property Loan
Rental property loans are fully amortised over 30 years so that the payment amount is the same every month, which makes putting together an accurate pro forma for cash flow
Why Single Rental Property Loan
Individual rental properties
– Single-family,
2-4 units, townhomes.
– Currently (or soon) leased
– $250K – $100M
– LTC Up to 85% of cost
– 30 year fixed or 5/1 ARM
– Purchase or refinance Individuals, LPs or LLCs
– Minimum FICO 600
– Nationwide lending