Rental 360 (1-4 unit 30 year Mortgages)

Fast closings and competitive pricing for 1-4 SFR investor deals

Explore our Stated Income, No Doc Loans – where no income verification or tax returns are required. Enhance your small-balance mortgage origination business with tailored solutions for investors involved in 1-4-unit residential properties. This program offers swift closings and competitive rates, serving as a strategic option for clients transitioning from short-term loans or venturing into new investment properties. We approach your rental property as a small business, basing underwriting on the expected cash flow rather than personal income. There are no restrictions on the number of rental properties you can own, providing you with maximum flexibility. Our dedicated team ensures personalized service throughout the entire loan process, from the initial quote to the final close.

TAKE THE NEXT STEP

Get preliminary approval for a Hard Money Loan

Simply complete the form using the link below, or call us at 914566-9050:

Online Application For Rental 360

OR fill out and return the following form:

Paper Application For Rental 360

What makes clients and brokers choose our services?

Top 3 Reasons

1. 1. No tax returns or 4506T required during transaction
   2. No DTI calculation
   3. Competitive solution for Fannie Mae fallout

 

Loan Size:

• From $100,000 to $3,000,000

Max LTV

• For purchase and rate & term refinances, funding is available up to 80%
• For cash-out refinances, the funding extends up to 75%

Loan Terms

• Fixed-rate mortgage for 30 years
• 5, 7, 10-year hybrid
• 30-year mortgage

Interest Rates

• Initial rate of 7% or higher

Property Types

• Single-family homes, duplexes, triplexes, quadplexes, multi-family properties.
• Master-planned communities, planned developments
• Condos, condo units, apartment-style units
• home-sharing

Cash Flow Requirements

• Qualifying Income Based on Property Cash Flows
• No income verification loan
• Legal requirements completed within 30 days

Loan Purpose

• Buy
• Refinance
• Equity withdrawal

Locations

• Generally urban or suburban locations in primary, secondary, or tertiary markets

Borrower

• Corporate structure
• Credit rating (Minimum 640)
• Acceptance of recent immigrants
• Sole proprietorship permitted

Prepayment Penalties Are

• 3 percent in the first year
• 2 percent in the second year
• 1 percent in the third year
• Prepayment flexibility for one year
• We are introducing a penalty-free prepayment option

Minimum DSCR

• DSCR option now accessible with a 75% Loan-to-Value (LTV). Contact us for further details.

Airbnb

• Purchase financing available up to 75% loan-to-value
• Refinancing options with a cap of 70% loan-to-value
• Minimum one-year operating income requirement
• County must have a minimum population of 100,000

Free Estimation

Request A Quote

Quick closings and competitive pricing for 1-4 SFR investor deals

 Enjoy swift closures and competitive pricing, with closing costs spanning from $1000 to $2995, covering legal expenses, commitment fees, underwriting, as well as attorney and LLC reviews for 1-4 SFR investor deals.

Contact US