Loan Program

Long-Term Rental Loans

Our Long-Term Rental program offers a 30-year term with rates starting at 5.25% so investors have true long-term financing options for buy-and-hold portfolios.

Loan Criteria

The fundamentals.

Core program parameters at a glance. Final terms may vary based on loan type and verification.

Collateral: Non-Owner Occupied 1-4 Family, Condos, Townhomes, PUDs
LTV — Purchase: Lesser of 80% As-Is Value or 80% LTC
LTV — Refinance: Up to 80% of the As-Is Value
LTV — Cash-Out: Up to 75% of the As-Is Value
Amortization: 30-Yr Fixed, Hybrid ARMs (5/1, 7/1, 10/1) & Interest-Only
Property Value: As-Is value must be $115k+
Loan Amount: $70k – $1.5M
DSCR: 1.00
Minimum FICO: 660
Rates: Starting at 5.25%

Typical Leverages & Rates

Tiered by experience.

FICO 740+

Purchase

Up to 80% LTV · 80% LTC

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FICO 700–739

Purchase

Up to 80% LTV · 80% LTC

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FICO 680–699

Purchase

Up to 75% LTV · 75% LTC

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FICO 660–679

Purchase

Up to 65% LTV · 65% LTC

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Have a long-term rental scenario?

Talk to an account expert about your next deal.

Email an AE 310-926-8443

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