Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Leavenworth, WA

Loan Amount / $400,000
Rate / 8.250%

Purpose / Cash-Out Refinance
LTV / 32.3%

$400,000 Washington DSCR Rental Loan for a Cash-Out Refinance of a rental property in Leavenworth. This short-term rental is located in the Cascade Mountains and known for being a Bavarian-inspired haven attracting tourists year round.

Single-Family Residence

Houston, TX

Loan Amount / $166,500
Rate / 8.250%

Purpose / Rate-Term Refinance
LTV / 71.8%

$166,500 Texas DSCR Rental Loan for a Rate-Term Refinance of a rental property in Houston. The property features a recently updated kitchen and bathrooms as well as new paint, drywall, new electrical, new plumbing, new HVAC, new flooring, and more. Located in Southeast Houston, the prime location provides access to an abundance of employment, recreational, and retail opportunities.

Duplex

New Orleans, LA

Loan Amount / $412,500
Rate / 8.250%

Purpose / Cash-Out Refinance
LTV / 75.0%

$412,500 Louisiana DSCR Rental Loan for a Cash-Out Refinance of a rental property in New Orleans. After multiple renovations this property now has insulated windows, tankless water heaters, a new roof, new floor coverings, renovated kitchen and baths with granite counters.

Single-Family Residence

Bluffdale, UT

Loan Amount / $1,365,000
Rate / 8.750%

Purpose / Cash-Out Refinance
LTV / 65.0%

$1,365,000 Utah DSCR Rental Loan for a Cash-Out Refinance of a rental property in Bluffdale. South of Salt Lake City, sandwiched between Utah Lake and the Great Salt Lake, the property is convenient for commuting to Salt Lake City and has access to all necessary amenities, not to mention the abundance of outdoor activities in the area thanks to the surrounding mountain ranges, and proximity to Utah Lake.

Single-Family Residence

Wilmington, DE

Loan Amount / $140,000
Rate / 9.875%

Purpose / Rate-Term Refinance
LTV / 80.0%

$140,000 Delaware DSCR Rental Loan for a Rate-Term Refinance of a rental property in Wilmington. This townhouse-style residence features three bedrooms and one bathroom and is currently being used as a long-term rental.

Single-Family Residence

Wilmington, DE

Loan Amount / $144,000
Rate / 9.875%

Purpose / Rate-Term Refinance
LTV / 80.0%

$144,000 Delaware DSCR Rental Loan for a Rate-Term Refinance of a rental property in Wilmington. Located in the heart of Wilmington, this property has easy access to major employment, public transportation, entertainment, restaurants, parks, and even a zoo. Wilmington is known as the most populous city in Delaware, a state with business-friendly financial laws that have made it attractive for corporations.

Triplex

Torrington, CT

Loan Amount / $247,500
Rate / 8.750%

Purpose / Cash-Out Refinance
LTV / 75.0%

$247,500 DSCR Rental Loan for a Cash-Out Refinance of a rental property in Torrington. This property is located in the southern portion of Torrington and is currently being used as a long-term rental.

Mutlifamily

Stockton, CA

Loan Amount / 566,250
Rate / 9.500%

Purpose / Acquisition
LTV / 75.0%

$566,250 California DSCR Rental Loan for an Acquisition of a rental property in Stockton. Home to the University of the Pacific, Stockton CA, is one of the most diverse cities in the United States.

Single-Family Residence

Gatlinburg, TN

Loan Amount / $730,000
Rate / 8.00%

Purpose / Acquisition
LTV / 80.0%

$730,000 Tennessee DSCR Rental Loan for a Cash-Out Refinance of a rental property in Gatlinburg. Nestled in scenic landscapes of the Great Smoky Mountains, one of America’s most visited national parks, Gatlinburg is a captivating tourist haven as it seamlessly blends natural beauty with a plethora of entertainment options.

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