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Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Sevierville, TN

Loan Amount / $1,470,000
Rate / 8.000%

Purpose / Cash-Out Refinance
LTV / 70.0%

$1,470,000 Tennessee DSCR Rental Loan for a Cash-Out Refinance of a rental property in Sevierville. This short-term rental features an indoor pool and an elevated deck offering magnificent views of the Smokey Mountains.

Single-Family Residence

Livingston, LA

Loan Amount / $186,400
Rate / 7.375%

Purpose / Rate-Term Refinance
LTV / 80.0%

$186,400 Louisiana DSCR Rental Loan for a Rate-Term Refinance of a rental property in Livingston. This newly built property is currently occupied on a long-term lease, situated in a suburban neighborhood that is well served by major highways within three miles.

Single-Family Residence

Toledo, OH

Loan Amount / $138,000
Rate / 7.125%

Purpose / Cash-Out Refinance
LTV / 75.0%

$138,000 Ohio DSCR Rental Loan for a Cash-Out Refinance of a rental property in Toledo. Currently occupied on a long-term lease, this traditional style home features a recently updated kitchen and bathrooms that contain granite countertops, subway tile backsplash, and modern finishes.

Single-Family Residence

Edisto Island, SC

Loan Amount / $476,000
Rate / 7.500%

Purpose / Acquisition
LTV / 80.0%

$476,000 South Carolina DSCR Rental Loan for an Acquisition of a rental property in Edisto Island. This classic-style beach bungalow is located just steps away from the beach, providing the perfect getaway for a peaceful vacation. Upon acquisition, the property will be utilized as a short-term rental.

Single-Family Residence

Jasper, AL

Loan Amount / $161,000
Rate / 7.875%

Purpose / Cash-Out Refinance
LTV / 68.8%

$161,000 Alabama DSCR Rental Loan for a Cash-Out Refinance of a rental property in Jasper. Known for its small-town atmosphere, Jasper has a charming downtown area with historical buildings and local shops as well as beautiful landscapes, including the Bankhead National Forest and Lewis Smith Lake.

Single-Family Residence

Frederick, CO

Loan Amount / $221,400
Rate / 7.000%

Purpose / Cash-Out Refinance
LTV / 60.0%

$221,400 Colorado DSCR Rental Loan for a Cash-Out Refinance of a rental property in Frederick. This property benefits from its proximity to a variety of large employers, restaurants, hiking trails, skiing, and magnificent views of the mountain range.

Single-Family Residence

Union Pier, MI

Loan Amount / $840,000
Rate / 8.375%

Purpose / Cash-Out Refinance
LTV / 70.0%

$840,000 Michigan DSCR Rental Loan for a Cash-Out Refinance of a rental property in Union Pier. This short-term rental features a recently updated kitchen, a hot tub, screened porched, and accessory unit deck. Located five miles north of New Buffalo, Union Pier is a popular lakeside destination known for its beautiful beaches, stunning views, and local wineries.

Single-Family Residence

South Bend, IN

Loan Amount / $200,000
Rate / 7.875%

Purpose / Acquisition
LTV / 80.0%

$200,000 Indiana DSCR Rental Loan for an Acquisition of a rental property in South Bend. This residence is located in a suburban neighborhood proximate to the University of Notre Dame campus, several hiking trails, Potato Creek State Park, and a bustling downtown scene, all within five miles of the property.

Single-Family Residence

North Bend, WA

Loan Amount / $640,000
Rate / 8.250%

Purpose / Acquisition
LTV / 80.0%

$640,000 Washington DSCR Rental Loan for an Acquisition of a rental property in North Bend. Located just 35 miles southeast of Seattle, this short-term rental is the ideal getaway from the city as the area offers numerous outdoor activities such as hiking, fishing, boutique shopping, and skiing.

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