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Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Livingston, MT

Loan Amount / $486,500
Rate / 8.625%

Purpose / Cash-Out Refinance
LTV / 70.0%

$486,500 Montana DSCR Rental Loan for a Cash-Out Refinance of a rental property in Livingston. This property is located in the heart of Livingston, a historic town within a few hours of Big Sky Mountain and Yellowstone National Park, making it a great destination for outdoor-loving travelers.

Single-Family Residence

Rupert, ID

Loan Amount / $240,000
Rate / 7.375%

Purpose / Rate-Term Refinance
LTV / 62.7%

$240,000 Idaho DSCR Rental Loan for a Rate-Term Refinance of a rental property in Rupert. This property is located in the southern part of Idaho, slightly east of Twin Falls. This town features a quaint historic downtown area and several State Parks within close proximity.

PUD

Princeville, HI

Loan Amount / $1,687,500
Rate / 7.250%

Purpose / Rate-Term Refinance
LTV / 75.0%

$1,687,500 Hawaii DSCR Rental Loan for a Rate-Term Refinance of a rental property in Princeville. The property features a modern floorplan, multiple entertaining spaces, and a panoramic backyard view of the Hawaiian landscape.

Single-Family Residence

Bethany Beach, DE

Loan Amount / $555,000
Rate / 7.625%

Purpose / Cash-Out Refinance
LTV / 60.0%

$555,000 Delaware DSCR Rental Loan for a Cash-Out Refinance in Bethany Beach. Bethany Beach is a coastal town located on the Atlantic Ocean and features a boardwalk, motels, restaurants, and typical amenities of a beach town. After recent renovations, this property is currently utilized as a short term rental.

Single-Family Residence

Dolton, IL

Loan Amount / $101,250
Rate / 8.000%

Purpose / Acquisition
LTV / 75.0%

$101,250 Illinois DSCR Rental Loan for an Acquisition of a rental property in Dolton. Located in a well-established residential neighborhood, this property is within good proximity to schools, parks, local shopping centers, and a variety of supporting facilities.

Condo

New Orleans, LA

Loan Amount / $592,500
Rate / 8.875%

Purpose / Rate-Term Refinance
LTV / 75.0%

$592,500 Louisiana DSCR Rental Loan for a Rate-Term Refinance of a rental property in New Orleans. After recent renovations, this unit now has four bedrooms and two bathrooms, granite countertops, and modern finishes in the kitchen and bathrooms.

Condo

Brigantine, NJ

Loan Amount / $529,500
Rate / 8.125%

Purpose / Acquisition
LTV / 75.0%

$529,500 New Jersey DSCR Rental Loan for an Acquisition of a rental property in Brigantine. This property is south of Great bay and just west of the Atlantic Ocean, making this the perfect location to enjoy and relax on the beach. Upon acquisition, it will be utilized as a short-term rental.

Duplex

New Britain, CT

Loan Amount / $213,750
Rate / 7.750%

Purpose / Acquisition
LTV / 75.0%

$213,750 Connecticut DSCR Rental Loan for an Acquisition of a rental property in New Britain. This property is located in an active area and there is no shortage of shopping, restaurants, schools, and recreational activities in the surrounding area.

Single-Family Residence

Robbinsdale, MN

Loan Amount / $367,500
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 75.0%

$367,500 Minnesota DSCR Rental Loan for a Cash-Out Refinance of a rental property in Robbinsdale. This property is currently occupied on a long-term lease. Despite being built in 1954, the home is in good condition thanks to renovations to the kitchen and bathrooms.

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