Single Rental Loans
Purchase or refinance a single rental property with our DSCR Single Rental Loan
Our Single Rental Loan enables investors to purchase a new property to expand their rental portfolio. Investors use this Debt Service Coverage Ratio (DSCR) loan to refinance a property for a better rate, or take cash out to access equity.
Key Facts About Our Single Rental Loan
30-year fixed, arm options available
Full Recourse Only
30-Year Fixed Rate Mortgage (Fully Amortizing)
5/6, 7/6, 10/6 Hyrbid ARMs (Partial IO or Fully Amortizing)
Purchase, rate-term refinance, or cash-out of a single rental property
call for quote
Single Family Residences (SFR)
2-4 unit properties
purchases only or leased within 30 days
not allowed from ineligible country list
Leased Units: Lower of (i) In-Place Rent & (ii) Market Rent
Unleased Units: 90% of Market Rent (Purchase Loans only)
Maximum Loan To Cost
If Owned < 3 months, 80% of Total Cost Basis
Minimum Loan Amount
$75k - $2.5mm
Maximum loan-to-value (ltv)
up to 80% on purchase and rate & term. Up to 75% on cash-out
Property Or Unit Acquisition Minimum
1 property per loan
Minimum Debt Service Coverage Ratio (Gross Rent/Pitia)
Seasoning Requirement (To use value vs. Cost basis)
- We treat your rental property like your own small business, and we underwrite to the cash flow it will produce, not your personal income.
- We don’t limit the number of rental properties you can own, so we give you maximum flexibility.
- We provide personalized service throughout the entire loan process – from quote to close.
We have the product to meet your needs.
Complete the form below and a member of our experienced sales team will reach out to you directly to discuss your goals and answer any questions you may have.