Recent Fundings - Rental
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Single-Family Residence
Saugerties, NY
$512,250 New York DSCR Rental Loan for a Cash-Out Refinance of a rental property in Saugerties. The neighborhood features characteristics wanted by the majority of homeowners such as easy access to shopping, schools, and employment. Saugerties is located just off the Hudson River in central New York and near many attractions such as hiking and nature areas, Woodstock, and niche resorts.
PUD
Riverview, FL
$249,000 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Riverview. The contemporary-style home features an attached two-car garage, a covered front entry, a screened-in lanai, and stainless-steel appliances. The housing market in Riverview is great with increasing property values, balanced macroeconomic supply and demand, and homes selling in less than three months’ time on the market.
Single-Family Residence
Apollo Beach , FL
$217,750 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Apollo Beach. This property was recently renovated including a full remodel of the kitchen and bathrooms, repaved driveway, new HVAC and plumbing, along with fresh pain throughout the property. The housing market in Apollo Beach is good with stable property values, balanced macroeconomic supply and demand, and homes selling in less than three months’ time on the market
Multifamily
Canton, OH
$114,675 Ohio DSCR Rental Loan for an Acquisition of a rental property in Canton. Canton, situated about 60 miles to the south of Cleveland in Stark County, Ohio, offers an urban environment that seamlessly blends residential and commercial areas. The city boasts a rich diversity in its housing options, predominantly featuring single-family homes while also embracing a variety of multi-family buildings and townhouses. Canton’s economy and labor market are notably multifaceted, encompassing industries such as manufacturing, healthcare, education, and retail.
Duplex
Bristol, CT
$207,000 Connecticut DSCR Rental Loan for a Cash-Out Refinance of a rental property in Bristol. Bristol finds its place in central Connecticut, specifically in Hartford County, an area characterized by its eclectic mix of homes, featuring diverse styles, sizes, ages, conditions, and market appeal. The neighborhood boasts convenient access to major commuting routes, town services, and various amenities, making it a well-connected and easily accessible location.
Condo
Nashville, TN
$686,250 Tennessee DSCR Rental Loan for an Acquisition of a rental property in Nashville. Within the luxury condominium complex, there is a clubhouse, pool, fitness center, lounge, and pet grooming service. The unit itself features luxurious finishes picked out by Barnett Design Studio. It is in the Citizens Protecting Revitalization neighborhood of Nashville, Tennessee, an area rapidly growing due to its proximity to many of Nashville’s main attractions. The condominium is within walking distance of the Country Music Hall of Fame and the famously known Broadway Street.
Single-Family Residence
Maywood, IL
$225,000 Illinois DSCR Rental Loan for an Acquisition of a rental property in Maywood. The property values in the market are stable and located only 12 miles from downtown Chicago, this property is a great location for someone who wants the privacy and space of a suburb but wants easy access to one of the largest cities in the United States. Developed along one of the oldest railway lines that led from Chicago, Maywood has attracted people for decades with its luscious grass prairie and ancient trees.
Single-Family Residence
Orlando, FL
$381,750 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Orlando. This property features a large backyard with an inground swimming pool, which is perfect for escaping the Florida heat. Located in the Rio Pinar West neighborhood, several schools, retail areas, and recreational centers are within two miles. Orlando is a bustling hub for students, families, and professionals due to its exceptional school system, strong job market, and endless attractions across the city.
Triplex
Wilkes Barre, PA
$186,200 Pennsylvania DSCR Rental Loan for a Cash-Out Refinance of a rental property in Wilkes Barre. The home is located in the center of Wilkes Barre, Pennsylvania, across the street from Coal Street Park, and within close proximity to retail amenities, employment opportunities, and schools such as King’s College and Wilkes University. Each unit is currently occupied on a long-term lease.
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