Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Aitkin, MN

Loan Amount / $120,300
Rate / 8.250%

Purpose / Cash-Out Refinance
LTV / 67.6%

$120,300 Minnesota DSCR Rental Loan for a Cash-Out Refinance of a rental property in Aitkin. Aitkin, Minnesota is located just two hours north of Minneapolis and is home to several lakes and rivers. Although Aitkin is a small town it is known for its great healthcare and public education.

Single-Family Residence

Columbus, OH

Loan Amount / $129,450
Rate / 8.990%

Purpose / Acquisition
LTV / 75.0%

$129,450 Ohio DSCR Rental Loan for an Acquisition of a Rental Property in Columbus. Originally constructed in 1900 the property has been recently remodeled. Recent improvements consist of a new roof, mechanicals, new appliances, front and rear decks, a remodeled kitchen with granite countertops and an island, and a remodeled bathroom. Situated in North Columbus, the home is within close proximity to all necessary amenities, and roughly a 15-minute drive from downtown.

PUD

Hiram, GA

Loan Amount / $294,750
Rate / 8.000%

Purpose / Acquisition
LTV / 75.0%

$294,750 Georgia DSCR Rental Loan for an Acquisition of a rental property in Hiram. Hiram, Georgia is approximately thirty minutes from Atlanta, Georgia. The home benefits from all the employment, recreational, and healthcare opportunities that come with a large city like Atlanta, and the pleasures of quiet a suburban neighborhood.

PUD

Queen Creek, AZ

Loan Amount / $736,000
Rate / 9.250%

Purpose / Cash-Out Refinance
LTV / 40.9%

$736,000 Arizona DSCR Rental Loan for a Cash-Out Refinance of a rental property in Queen Creek. Featuring six bedrooms and four and a half bathrooms the property is in great condition and features stainless steel appliances, a large kitchen island, a pool, a spa, and a four-car garage. This property is roughly thirty minutes southeast of Phoenix, and five minutes north of the San Tan Mountain Regional Park.

Single-Family Residence

Forney, TX

Loan Amount / $236,250
Rate / 9.875%

Purpose / Rate-Term Refinance
LTV / 73.6%

$236,250 Texas DSCR Rental Loan for a Rate-Term Refinance for a property in Forney. Located east of Dallas off of US Highway 80, the residence is conveniently about 30 minutes outside of Dallas, and within close proximity to retail amenities, healthcare and employment facilities, and schools.

Single-Family Residence

Fayetteville, NC

Loan Amount / $131,250
Rate / 8.250%

Purpose / Rate-Term Refinance
LTV / 75.0%

$131,250 North Carolina DSCR Rental Loan for a Rate-Term Refinance of a rental property in Fayetteville. The property features two bedrooms and one bathroom, and many recent updates. The kitchen has been updated with new cabinets, countertops, a new sink and tile backsplash, and the bathroom has a new vanity, toilet, and tub. The house has also been freshly power washed and painted, with new flooring and a new roof installed since it was purchased..

Single-Family Residence

Wilmington, NC

Loan Amount / $305,250
Rate / 7.875%

Purpose / Cash-Out Refinance
LTV / 75.0%

$305,250 North Carolina DSCR Rental Loan for a Cash-Out Refinance for a rental property in Wilmington. Located in North Wilmington, there is no shortage of local amenities such as retail, recreational, schools, healthcare, and more. Further, the home is roughly a 15-minute drive from the sandy beaches with Wrightsville Beach being the closest.

Quadplex

Butte, MT

Loan Amount / $258,400
Rate / 8.375%

Purpose / Acquisition
LTV / 80.0%

$258,400 Montana DSCR Rental Loan for an Acquisition of a rental property in Butte. Surrounded by vast mountains and tremendous hiking paths it is nestled in the south Butte area. The location is unbeatable as it is close to a variety of shopping enclaves, public transportation, employment opportunities, and esteemed schools.

Triplex

Pittsburgh, PA

Loan Amount / $375,000
Rate / 7.750%

Purpose / Acquisition
LTV / 75.0%

$375,000 Pittsburgh DSCR Rental Loan for an Acquisition of a rental property in Pittsburgh. Located ajar to the Alleghany River, it is just a walk away from Pittsburgh Zoo and Aquarium, which is one of only six major zoo and aquarium combinations in the United States. Commonly referred to as a biker’s paradise, there are multiple parks and paths throughout the neighborhood to explore.

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