Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Brookings, OR

Loan Amount / $1,261,000
Rate / 6.750%

Purpose / Acquisition
LTV / 65.0%

$1,261,000 Oregon DSCR Rental Loan for an Acquisition of a rental property in Brookings. The property is three miles from Brookings Harbor, known for its fishing, boating, and seafood restaurants. It’s also just one mile from Harris Beach State Park which offers ocean views, beautiful beaches, and scenic hiking trails.

Triplex

Salt Lake City, UT

Loan Amount / $400,000
Rate / 7.000%

Purpose / Cash-Out Refinance
LTV / 43.7%

$400,000 Utah DSCR Rental Loan for a Cash-Out Refinance of a rental property in Salt Lake City. The residence features a cozy fireplace, a porch, and a spacious three-car carport. Its convenient location offers easy access to downtown Salt Lake City, Bountiful, and the shopping and dining options at City Creek Center.

Triplex

Ludlow, VT

Loan Amount / $437,500
Rate / 7.000%

Purpose / Acquisition
LTV / 70.0%

$437,500 Vermont DSCR Rental Loan for an Acquisition in Ludlow. This short-term rental is just a short distance from Okemo Mountain Resort, a popular destination for skiing and hiking. It’s also located near Interstate 91 which offers easy access for travel.

Single-Family Residence

Albuquerque, NM

Loan Amount / $217,000
Rate / 7.250%

Purpose / Rate-Term Refinance
LTV / 70.0%

$217,000 New Mexico DSCR Rental Loan for a Rate-Term Refinance in Albuquerque. The property is conveniently located near Interstate 25 which provides easy access to downtown Albuquerque and Santa Fe. It’s also close to Albuquerque’s historic Old Town, known for its shops, galleries, restaurants, and cultural attractions.

Single-Family Residence

Sandpoint, ID

Loan Amount / $577,500
Rate / 7.125%

Purpose / Rate-Term Refinance
LTV / 70.0%

$577,500 Idaho DSCR Rental Loan for a Rate-Term Refinance of a rental property in Sandpoint. Schweitzer Mountain Resort, just one mile away, offers world-class skiing, snowboarding, and hiking, making it a dream destination for outdoor enthusiasts. The scenic Lake Pend Oreille, seven miles to the south, provides excellent opportunities for boating, fishing, and breathtaking views.

Duplex

Tacoma, WA

Loan Amount / $422,499
Rate / 7.000%

Purpose / Acquisition
LTV / 65.0%

$422,499 Washington DSCR Rental Loan for a Tacoma of a rental property in Tacoma. The property is located in Tacoma’s lively 6th Avenue District, offering a walkable neighborhood with convenient dining, entertainment, and amenities. It’s just half a mile from Highway 16, providing easy access to downtown Tacoma, about one mile southeast.

Single-Family Residence

Hamden, CT

Loan Amount / $186,900
Rate / 6.750%

Purpose / Cash-Out Refinance
LTV / 70.0%

$186,900 Connecticut DSCR Rental Loan for a Cash-Out Refinance of a rental property in Hamden. The town offers outdoor activities like hiking at Sleeping Giant State Park, along with shopping and dining in downtown and nearby New Haven.

Duplex

Tacoma, WA

Loan Amount / $325,710
Rate / 6.875%

Purpose / Acquisition
LTV / 60.0%

$325,710 Washington DSCR Rental Loan for an Acquisition of a rental property in Tacoma. Recent renovations include a new roof, updated siding, fresh exterior and interior paint, and modern cabinetry and countertops. The property will be utilized as a long-term rental upon acquisition.

Single-Family Residence

Omaha, NE

Loan Amount / $124,800
Rate / 7.500%

Purpose / Cash-Out Refinance
LTV / 60.0%

$124,800 Nebraska DSCR Rental Loan for a Cash-Out Refinance of a rental property in Omaha. The property features recent upgrades to the kitchen, bathrooms, and garage. Conveniently located next to Interstate 680 and Fontenelle Park, residents can enjoy easy access to the city and nearby outdoor recreational facilities.

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