Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Baltimore, MD

Loan Amount / $523,250
Rate / 74.5%

Purpose / Cash-Out Refinance
LTV / 9.375%

$523,250 Maryland DSCR Rental Loan for a Cash-Out Refinance of a rental property in Baltimore. Baltimore is known for its historic sites and is home to the National Aquarium and multiple Professional sports teams. The property is currently occupied on a long-term lease.

Duplex

Camden, NJ

Loan Amount / $113,236
Rate / 8.875%

Purpose / Rate-Term Refinance
LTV / 43.1%

$113,326 New Jersey DSCR Rental Loan for a Rate-Term Refinance of a rental property in Camden. Spanning three stories and built in 1890, this historic gem boasts a total of 2,074 square feet.

PUD

Palmer, AK

Loan Amount / $322,000
Rate / 9.375%

Purpose / Acquisition
LTV / 70.0%

$322,000 Alaska DSCR Rental Loan for an Acquisition of a rental property in Palmer. This property features two living areas, vaulted ceilings, a premium kitchen with an island in the kitchen, a garage, and more.

Single-Family Residence

New Orleans, LA

Loan Amount / $450,000
Rate / 9.375%

Purpose / Cash-Out Refinance
LTV / 75.0%

$450,000 Louisiana DSCR Rental Loan for a Cash-Out Refinance of a rental property in New Orleans. This property features brand new appliances, marble countertops, and modern finishes as well as a covered patio and balcony. In the heart of New Orleans, it’s within walking distance of many well-known tourist attractions such as the Riverwalk along the Mississippi River and Bourbon street.

Single-Family Residence

Stowe, VT

Loan Amount / $888,000
Rate / 6.625%

Purpose / Acquisition
LTV / 80.0%

$888,000 Vermont DSCR Rental Loan for an Acquisition of a rental property in Stowe. Currently used as a short-term rental, this property contains six bedrooms and three baths, with a total of twelve rooms.

Duplex

Garden City, KS

Loan Amount / $175,500
Rate / 8.625%

Purpose / Cash-Out Refinance
LTV / 65.0%

$175,500 Kansas DSCR Rental Loan for a Cash-Out Refinance of a rental property in Garden City. Both units on the property are being used as long-term rentals. This city attracts many for employment opportunities in the agricultural industry, known for wheat, corn, and beef.

Condo

Tilton, New Hampshire

Loan Amount / $313,800
Rate / 7,250%

Purpose / Acquisition
LTV / 75.0%

$313,800 New Hampshire DSCR Rental Loan for an Acquisition for a rental property in Tilton. This property is located next to Lake Winnisquam and Gunstock Mountain Ski Area.

Single-Family Residence

Baltimore, MD

Loan Amount / $214,000
Rate / 10.625%

Purpose / Cash-Out Refinance
LTV / 62.9%

$214,000 Maryland DSCR Rental Loan for a Cash-Out Refinance of a rental property in Baltimore. This property includes, but is not limited to, brand new stainless-steel appliances in the kitchen, state-of-the art lighting and fixtures, hardwood flooring throughout. This property is located at the heart of Baltimore, and backs up to Druid Hill Park, which is adjacent to the esteemed Johns Hopkins University.

PUD

South Jordan, UT

Loan Amount / $399,000
Rate / 8.250%

Purpose / Cash-Out Refinance
LTV / 70.0%

$399,000 Utah DSCR Rental Loan for a Cash-Out Refinance of a rental property in South Jordan. This property is in close proximity to the Great Salt Lake and state Peak Parks.

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