Recent Fundings - Rental
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Quadruplex
Jeffersonville, IN
$607,500 Indiana DSCR Rental Loan for an Acquisition of a rental property in Jeffersonville. Two of the units are 1,099 square feet and have two bedrooms and two bathrooms. The other two units are 979 square feet and have two bedrooms and one bathroom. Jeffersonville, Indiana, is located on the other side of the Ohio River from Louisville, Kentucky. Louisville is a big attraction for baseball fans as they can visit the Louisville Slugger Factory where major lease baseball bats are produced.
Single-Family Residence
St. Louis, MO
$97,500 Missouri DSCR Rental Loan for a Rate-Term Refinance of a rental property in St. Louis. Featuring two bedrooms and two baths, the property was built in 1890 but has since been fully renovated. The home is in very good condition featuring an updated kitchen, bathrooms, flooring, and more. The property is in the Hyde Park neighborhood of St. Louis.
Quadruplex
Airway Heights, WA
$511,875 Washington DSCR Rental Loan for a Cash-Out Refinance of a rental property in Airway Heights. Conveniently located about 10 minutes from the Spokane International Airport and 20 minutes from Downtown, it boasts its central location between national parks, all of which are drivable for a day trip. The most popular attractions in the area are the two casinos and the Spokane County Raceway Park, which has occasional Monster truck shows and stock car races.
Single-Family Residence
Statesville, NC
$290,000 North Carolina DSCR Rental Loan for an Acquisition of a rental property in Statesville. This property offers comfortable living with a recently updated deck and a stunning inground pool complete with a heated spa, turning the backyard into a private oasis. The retreat resides in a neighborhood known for its blend of manufactured and stick-built homes, showcasing exceptional construction and workmanship.
Single-Family Residence
Lake Elsinore, CA
$308,750 California DSCR Rental Loan for a Rate-Term Refinance of a rental property in Lake Elsinore. The contemporary estate features a stylish interior with pristine white kitchen cabinets and walls, flooring, and cabinetry which have been all well-maintained. Located in Riverside County, California, Lake Elsinore is known for its stunning natural beauty, and the city’s strategic location, nestled between the Santa Ana Mountains and the Temescal Valley, offers picturesque views and outdoor recreational opportunities.
Single-Family Residence
Otis, MA
$337,500 Massachusetts DSCR Rental Loan for a Rate-Term Refinance of a rental property in Otis. This property features a recently remodeled kitchen with quartz countertops and modern finishes. Otis is known as a haven for outdoor recreations as it features forests, open fields, cool streams, and deep ponds. The property is currently used as a short-term rental.
Single-Family Residence
McKinney, TX
$302,500 Texas DSCR Rental Loan for a Rate-Term Refinance of a rental property in McKinney. The new granite countertops, tile backsplash, flooring, and fresh paint make this a pleasing home for tenants, along with the suburban commodities that surround the neighborhood. There are plenty of nearby retail amenities, employment facilities, and schools while also being only minutes away from McKinney’s downtown.
Single-Family Residence
Oak Island, NC
$521,250 North Carolina DSCR Rental Loan for a Cash-Out Refinance of a rental property in Oak Island. With three bedrooms and two bathrooms, the modern layout is designed for comfortable coastal living with a well-appointed open deck providing direct Atlantic beach access. Part of North Carolina’s Brunswick Islands, Oak Island provides a tranquil escape with the local real estate market characterized by several resort communities.
Single-Family Residence
Tucson, AZ
$312,750 DSCR Rental Loan for an Acquisition of a rental property in Tucson. This home is in eastern Tucson, thirty minutes from the center of the city providing access to metropolitan amenities as well as recreational such as the Saguaro National Park. Upon acquisition this property will be used as a Short-Term Rental.
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