Recent Fundings - Rental
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Mutlifamily
Stockton, CA
$566,250 California DSCR Rental Loan for an Acquisition of a rental property in Stockton. Home to the University of the Pacific, Stockton CA, is one of the most diverse cities in the United States.
Single-Family Residence
Gatlinburg, TN
$730,000 Tennessee DSCR Rental Loan for a Cash-Out Refinance of a rental property in Gatlinburg. Nestled in scenic landscapes of the Great Smoky Mountains, one of America’s most visited national parks, Gatlinburg is a captivating tourist haven as it seamlessly blends natural beauty with a plethora of entertainment options.
Single-Family Residence
Coachella, CA
$519,920 California DSCR Rental Loan for an Acquisition of a rental property in Coachella. The city is known for its annual Coachella Music Festival which draws in more than 250,000 people each year. Upon purchase, the property will be utilized as a Short-Term rental.
Multifamily
Gainesville, FL
$651,000 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Gainesville. The city of Gainesville is home to a plethora of economic opportunity, split between education, retail healthcare. Home to the University of Florida, the property lies just outside the campus, and mere miles from a retail hub.
Single-Family Residence
Dallas, TX
$675,000 Texas DSCR Rental Loan for a Cash-Out Refinance of a rental property in Dallas. This modern ranch features an open floor concept with a large chef-style kitchen. Located just north of downtown Dallas, this property is currently being used as a long-term rental.
Duplex
Tuscaloosa, AL
$132,000 Alabama DSCR Rental Loan for a Cash-Out Refinance of a rental property in Tuscaloosa. In the heart of Tuscaloosa, The University of Alabama, attracts students nationwide making this a hotspot for savvy investors.
Duplex
Morgantown, WV
$262,500 West Virginia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Morgantown. Each unit of this duplex is 1,536 square feet and offers a whopping five bedrooms and two bathrooms to accommodate large families living in Morgantown. This quaint town nestled in the Blue Ridge Mountains was rated “Best Affordable Places to Live” and is home to West Virginia University.
Single-Family Residence
Indianapolis, IN
$103,200 Indiana DSCR Rental Loan for a Cash-Out Refinance of a rental property in Indianapolis. This cozy 1920s home showcases natural stone flooring in the kitchen and an open living area with a fireplace. A large enclosed front patio allows for the perfect spot to escape the Indiana cold.
Condo
Naples, FL
$213,000 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Naples. Located in beautiful southwest Florida this property is only minutes from beaches on the Gulf of Mexico. This property is currently utilized as a long-term rental.
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