Call US : 1-888-375-7977
We are backed by over 4 billions dollars of financing that has been earmarked for deployment in 2014 for most any property type that is habitable and rented to stable tenants. Whether your property portfolio consists of 3 or 3,000, we more than likely have a solution to help you grow your business.
Term | Type | Index | Prepay prd. | Recourse | Max LTV | Min. DSCR | Amort. |
5 years* | Fixed | 5-year Swap | Options | Non-recourse | 60% | 1.25x | 30 years |
5 years* | Fixed | 5-year Swap | Options | Full recourse | 70% | 1.25x | 30 years |
10 years* | Fixed | 10-year Swap | Options | Non-recourse | 60% | 1.25x | 30 years |
10 years* | Fixed | 10-year Swap | Options | Full recourse | 70% | 1.25x | 30 years |
First Mortgage Lien or Deed of Trust, plus equity pledge of sponsor.
· $500,000 to $50,000,000+
· 5 and 10 year fixed rates available
· Partial releases for homes sold
· Portfolios of 1 to 4 family rental homes and condos
· Cross collateralized and cross defaulted first mortgage and equity pledge
· Approved LLC or other commercial entity
· Up to 75% of BPO/appraised value
· 20 to 30 year amortization depending on price point, age and leverage
· Competitive market pricing
· Non-recourse to key principals except for customary bad act carveouts
Call us to discuss your opportunity! - 888-375-7977
We understand rental home business is cash intensive. Many of today's investors who have been snapping up vacant homes from various instutions have now begun to reach the lending limits set forth either by Fannie Mae, Freddie Mac, or local lending credit unions, banks, etc. Our product enable you to switch your debt to a new instution that enables you to free your credit lines, consolidate your mortgagesa and virtually double your business! Better hurry before your competitors do!