Loan Programs / Rental
Portfolio Loans
Blanket financing across multiple rental properties, underwritten as a single loan with one closing, one set of fees & one monthly payment.
Blanket financing across multiple rental properties, underwritten as a single loan with one closing, one set of fees & one monthly payment.
Portfolio Loans finance multiple rental properties under a single blanket loan: one underwriting, one closing, one set of fees and one monthly payment, instead of separate loans on each property.
Portfolios of 2 to 25 properties can be financed, with loan amounts from $150K to $6.25M. Purchase and rate/term refinance loans go up to 80% LTV, cash-out refinances up to 75%, with a minimum DSCR of 1.0x and a minimum credit score of 660. Terms are 30-year ARM and interest-only, closings typically take 21 – 30 days, and release provisions are available.
A single blanket loan that finances multiple rental properties together, with one closing, one set of fees and one monthly payment.
Portfolio Loans cover 2 to 25 properties.
Loan amounts range from $150K to $6.25M.
The minimum DSCR is 1.0x.
Up to 80% on purchases and rate/term refinances, and up to 75% on cash-out refinances.
30-year terms, available as ARM and interest-only.
The minimum credit score is 660.
Typically 21 – 30 days from start to finish, once all items have been received.
Yes. Contact our team to talk through how release provisions would work for your portfolio.
A brief 15-minute call with a loan officer to walk through your scenario and goals. Get a quote now, or click Contact Us to call, email or schedule a call.
You receive a Good Faith Estimate and term sheet with multiple options.
Submit your file, clear underwriting, and close on a timeline built around your deal.
Get a Good Faith Estimate with multiple options for your review.
* Closing time frames begin once all items have been received. Loan amounts and LTVs may vary based on credit score, track record, and other underwriting conditions. All loan terms are subject to final underwriting review and are not final until a clear-to-close has been issued.
A quick application — we’ll follow up with your quote.