Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Austin, TX

Loan Amount / $1,999,999
Rate / 7.375%

Purpose / Cash-Out Refinance
LTV / 66.7%

$1,999,999 Texas DSCR Rental Loan for a Cash-Out Refinance of a rental property in Austin. This stunning short-term rental features a new pickleball court, a covered fire pit, and a converted recreational area. Located just a mile from Lake Austin, it offers access to boating, fishing, and beautiful waterfront views.

PUD

Stowe, VT

Loan Amount / $764,285
Rate / 6.750%

Purpose / Acquisition
LTV / 70.0%

$764,285 Vermont DSCR Rental Loan for an Acquisition of a rental property in Stowe. This property is located near Stowe Mountain Resort, a premier destination for skiing and hiking, as well as the charming town center of Stowe with its shops, restaurants, and cafes. Currently owner-occupied, the property will be converted into a short-term rental upon purchase.

Single-Family Residence

Cranston, RI

Loan Amount / $255,000
Rate / 8.250%

Purpose / Acquisition
LTV / 75.0%

$255,000 Rhode Island DSCR Rental Loan for an Acquisition of a rental property in Cranston. The residence is conveniently located just west of Interstate 95, providing easy access to both Providence and Warwick. It is also near Roger Williams Park, a vibrant green space with a zoo, botanical gardens, lakes, and walking trails.

Single-Family Residence

Saint Louis, MO

Loan Amount / $237,600
Rate / 7.125%

Purpose / Acquisition
LTV / 80.0%

$237,600 Missouri DSCR Rental Loan for an Acquisition of a rental property in Saint Louis. This recently remodeled property features modern upgrades, including new flooring, updated lighting, and a sleek kitchen with stylish subway tile backsplash. Conveniently located near Hampton Avenue’s dining and shopping options, it’s closely located by the scenic Tower Grove Park.

Single-Family Residence

Ruidoso, NM

Loan Amount / $240,000
Rate / 7.250%

Purpose / Acquisition
LTV / 80.0%

$240,000 New Mexico DSCR Rental Loan for an Acquisition of a rental property in Ruidoso. This property offers prime access to outdoor activities, with Lincoln National Forest for hiking and wildlife viewing, and Ski Apache for skiing and scenic gondola rides. Upon acquisition, the residence will be utilized as a short-term rental.

Single-Family Residence

Anchorage, AK

Loan Amount / $468,000
Rate / 6.875%

Purpose / Acquisition
LTV / 80.0%

$468,000 Alaska DSCR Rental Loan for an Acquisition of a rental property in Anchorage. This property features convenient front and rear driveways, a spacious upper rear deck, and stylish updates throughout, including new flooring, fixtures, and hardware. Its prime location, just four miles from the coast and near popular outdoor attractions like Campbell Park and Goose Lake Park, offers easy access to scenic views and recreational activities.

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.

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