Rental 360 Loan Application
Apply Now for Your Rental 360 Financing
Please fill out the application on this page
download and complete a paper application from this link
Paper Application For Rental 360
Loan Terms
Purpose of Funding
- Acquisition Loan
- Restructuring Loan Terms
- Mortgage Cash-Out
Financing Terms
- 5, 7, 10-year blended
- 30-year payout, 30-year consistent
Regions
- Typically Urban or Suburban Settings in Primary, Secondary, or Tertiary Markets
Funding Size
- Financing Options from $100,000 to $3,000,000
Loan Applicant
- Corporate Applicant
- Minimum Required Credit Score is 640
- Welcome for New Foreign Nationals
Maximum Loan-to-Value Ratio
- Maximum 80% Financing for Purchases and Rate & Term Refinancing
- Cash Out Refinancing Options Up to 75%
Minimum Debt Coverage Ratio
- No DSCR Requirement
Rate of Interest
- Commencing at 7% and above
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- Financing available for purchases with a maximum Loan-to-Value of 75%
- Refinances and rate/term transactions are eligible for financing with a maximum Loan-to-Value of 70%
- Minimum 1-year operating income required for eligibility
- Counties must have a minimum population of 100,000 for consideration
- The specified requirements apply exclusively to refinancing transactions
Property Classifications
- Single-Family and Multi-Family Dwellings
- Master-Planned Communities
- Condos Meeting and Not Meeting Warrantable Standards
- Non-Conforming Condominiums
Financial Flow Demands
- Qualification Based on Property Revenue
- Fast Closing Within 30 Days
- Ownership of One Property (Primary or Investment) Required