Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Dryersburg, TN

Loan Amount / $77,800
Rate / 8.875%

Purpose / Rate-Term Refinance
LTV / 61.7%

$77,800 Tennessee DSCR Rental Loan for a Rate-Term Refinance of a rental property in Dryersburg. An experienced investor recently renovated this property in Northwestern Tennessee. Recent renovations that included new vinyl siding, a new roof, and new windows.

Single-Family Residence

Sand Springs, OK

Loan Amount / $108,750
Rate / 8.000%

Purpose / Cash-Out Refinance
LTV / 75.0%

$108,750 Oklahoma DSCR Rental Loan for a Cash-Out Refinance of a rental property in Sand Springs. The ranch-style home features an open-concept living area which is perfectly connected to the outdoors with easy access to the large backyard and patio through sliding doors. Located in the “Meadow Valley” neighborhood of Sand Springs, Oklahoma, it is within close proximity to all necessary amenities such as schools, retail facilities, and places of employment.

Multifamily

Greenville, SC

Loan Amount / $648,300
Rate / 8.375%

Purpose / Rate-Term Refinance
LTV / 59.5%

$648,300 South Carolina DSCR Rental Loan for a Rate-Term Refinance of a rental property in Greenville. Greenville is the perfect area to enjoy the outdoors as it is nestled within the Appalachian Mountains with several parks, river walks, and a large music scene. Greenville has increased substantially in popularity for young professionals and families due to its small city vibe but expansive professional opportunities.

Duplex

Jackson, MS

Loan Amount / $149,250
Rate / 8.375%

Purpose / Acquisition
LTV / 75.0%

$149,250 Mississippi DSCR Rental Loan for an Acquisition of a rental property in Jackson. This property includes energy-efficient features like insulated windows, ceiling fans, and insulated floors. This urban duplex will be used as a long-term rental upon acquisition.

Single-Family Residence

West Memphis, AR

Loan Amount / $79,000
Rate / 8.250%

Purpose / Acquisition
LTV / 64.8%

$79,000 Arkansas DSCR Rental Loan for an Acquisition of a rental property in West Memphis. Just a short 10-minute drive will take you to Downtown Memphis, Tennessee – the Home of Blues and the Birthplace of Rock N Roll. This area offers a plethora of entertainment, dining, and unique music tours and shows.

Single-Family Residence

Clinton, MS

Loan Amount / $138,750
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 75.0%

$138,750 Mississippi DSCR Rental Loan for a Cash-Out Refinance of a rental property in Clinton. This property features 3 bedrooms and 2 bathrooms. Some improvements include, updated kitchen and bathrooms, new flooring, new interior paint, and more.

Quadruplex

Jeffersonville, IN

Loan Amount / $607,500
Rate / 8.875%

Purpose / Acquisition
LTV / 75.0%

$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

Loan Amount / $97,500
Rate / 8.750%

Purpose / Rate-Term Refinance
LTV / 65.0%

$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

Loan Amount / $511,875
Rate / 8.000%

Purpose / Cash-Out Refinance
LTV / 68.3%

$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.

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