Recent Fundings - Rental
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Single-Family Residence
Winter Garden, FL
$150,000 Florida DSCR Rental Loan for a Cash-Out Refinance for a rental property in Winter Garden. This residence contains three bedrooms and one bathroom and features a garage, an updated kitchen and bathrooms, and more. It is located near many restaurants, schools, shopping, trails, parks, and more. Winter Garden is located only 14 miles west of downtown Orlando which is best known for Disney World, Universal Studios, the warm climate, golf courses, and more.
Condo
Ocean City, MD
$253,500 Maryland DSCR Rental Loan for a Rate-Term Refinance of a rental property in Ocean City. This property is located directly on the Ocean City beach strip on the Isle of Wight Bayside. Ocean City’s resort town features miles of beaches and a wooden boardwalk lined with fresh seafood restaurants, theme-park attractions, shopping, and water sports rentals. Visitors can enjoy the short walk to the beach and come home to the peaceful vacation haven, equipped with updated appliances, clean hardwood floors, and beach-themed decor.
Single-Family Residence
San Bruno, CA
$740,000 California DSCR Rental Loan for a Rate-Term Refinance for a rental property in San Bruno. The property’s neighborhood is a high-density area with stable property values, balanced supply and demand, and an average marketing time of three to six months. San Bruno is located approximately 12 miles South of Downtown San Francisco and offers employment, shopping, schools, and parks, all within extremely close proximity.
Single-Family Residence
Bernhards Bay, NY
$208,000 New York DSCR Rental Loan for a Cash-Out Refinance for a rental property in Oswego. This short-term rental is directly on the water of Dakin Bay on the pristine Oneida Lake. Tenants in the summer will wake up to sunrise views of the big blue lake with rolling mountains in the distance. They can enjoy boating, fishing, hiking, swimming, and can grab a burger next door at the Sand Bar + Grill.
Single-Family Residence
Hope, ID
$412,750 Idaho DSCR Rental Loan for an Acquisition of a rental property in Hope. Visitors will have access to the beautiful scenery and activities that Hope has to offer, including the David Thompson State Wildlife Preserve, the marinas neighboring the property, and the various camping grounds found only minutes away.
Single-Family Residence
District Height’s, MD
$315,000 Maryland DSCR Rental Loan for a Cash-Out Refinance of a rental property in District Height’s. This cape cod styled home has been recently renovated. The remodel consists of updated HVAC, electric, and plumbing, a refreshed kitchen with a new back splash, paint and appliance, and repairs to the doors, windows, stairways and railings.
Quadplex
Tampa, FL
$1,050,000 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Tampa. Located in the up-and-coming neighborhood of Sun Bay South in South Tampa, the property is in close proximity to esteemed schools, shopping enclaves, the Mac Dill Air Force Base, and a bouquet of recreational centers.
Quadplex
Milwaukee, WI
$180,710 Wisconsin DSCR Rental Loan for an Acquisition of a rental property in Milwaukee. Situated about five miles outside of Downtown Milwaukee, it is conveniently located within close proximity to various places of employment, healthcare facilities, schools, and a multitude of retail amenities.
Duplex
Chicago, IL
$240,000 Illinois DSCR Rental Loan for a Cash-Out Refinance of a rental property in Chicago. Located in the Englewood neighborhood which provides easy access to all essential services such as schools, hospitals, transportation, and shopping the property is just 20 minutes southwest of downtown Chicago, a cultural hub for financial and manufacturing industries.
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