Residential Rental Program
Residential Rental Program
The word on the street about hard money rental loans is far from good. As private residential mortgage lenders, we have it on good authority that most of our industry colleagues charge a higher interest rate and demand impossibly high credit scores and down payments to downsize the risks. If only a privatemoney lender worked for mutual benefits rather than their own.
Now there is!
We dropped a game changer on the rental financing market by offering investors the opportunity to obtain no-income, no-asset check hard money loans on rental properties. Our Residential Rental Program is the perfect way to obtain residual income for the long run with privatemoney rental loans.
Connect with hard money lenders for rental properties and private residential mortgage lenders to get the financing you need.
Term
5,7,10/Yr. ARMS or 30 year Fixed
Property
1-4 Family, Condo,
Townhouse, Planned
Unit Development.
Interest Rate
Starting at 6.99% (30 Year Fixed)
Purchase
Up to 80%
Refinance
Rate & term up to 75%
Cash out max 70%
Experience Required
None
Open to Foreign Nationals!
Up to 80% LTV
Rates starting in the 6s
Light documentation
No Tax Returns Required
5/6, 7/6 and 10/6 ARM Options available
We can provide a smooth transition from a construction/repair loan into a 30-year fixed, so you can do your renovations before leasing out the property!
Minimum loan amount 55k
Buy down options available
PORTOLFIO ONLY-Minimum 250k loan amount
Customizable pre-payment loan options
Just Funded Projects
June 2022
Fix & Flip
- Weiser, ID
Purchase Price
170,000
Renovation Budget
59,000
Loan Amount
207,000
After Repair Value
309,000
July 2022
Fix & Flip
- Washington, DC
Purchase Price
255,000
Renovation Budget
80,000
Loan Amount
296,750
After Repair Value
450,000
December 2021
Fix & Flip
- Centerreach, NY
Purchase Price
340,000
Renovation Budget
46,050
Loan Amount
321,300
After Repair Value
459,000
November 2021
Fix & Flip
- Hartford, CT
Purchase Price
149,000
Renovation Budget
70,000
Loan Amount
196,650
After Repair Value
290,000
November 2021
Fix & Flip
- Philidelphia, PA
Purchase Price
130,000
Renovation Budget
105,300
Loan Amount
209,300
After Repair Value
335,000
November 2021
Fix & Flip
- Philidelphia, PA
Purchase Price
62,000
Renovation Budget
60,000
Loan Amount
106,500
After Repair Value
176,000
November 2021
Fix & Flip
- North Babylon, NY
Purchase Price
310,000
Renovation Budget
32,750
Loan Amount
311,750
After Repair Value
495,000
November 2021
Fix & Flip
- East Hampton, NY
Purchase Price
1,250,000
Renovation Budget
577,465
Loan Amount
1,577,465
After Repair Value
2,487,500
November 2021
Fix & Flip
- Jersey City, NJ
Purchase Price
525,000
Renovation Budget
240,650
Loan Amount
848,800
After Repair Value
831,000
Residential Rental Program
The Residential Rental Program has two tracks:
BUY & HOLD
- Allows for Individual Properties to be purchased or refinanced (even with cash out).
RENTAL PORTFOLIO
- Allows investors to buy or refinance a portfolio of rental properties with one loan.