Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Bernhards Bay, NY

Loan Amount / $208,000
Rate / 9.000%

Purpose / Cash-Out Refinance
LTV / 65.0%

$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

Loan Amount / $412,750
Rate / 7.500%

Purpose / Acquisition
LTV / 65.0%

$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

Loan Amount / $315,000
Rate / 8.750%

Purpose / Cash-Out Refinance
LTV / 73.3%

$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

Loan Amount / $1,050,000
Rate / 8.750%

Purpose / Cash-Out Refinance
LTV / 75.0%

$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

Loan Amount / $180,710
Rate / 8.000%

Purpose / Acquisition
LTV / 80.0%

$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

Loan Amount / $240,000
Rate / 8.000%

Purpose / Cash-Out Refinance
LTV / 74.1%

$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.

Single-Family Residence

Tall Timbers, MD

Loan Amount / $496,125
Rate / 8.500%

Purpose / Cash-Out Refinance
LTV / 75.0%

$496,125 Maryland DSCR Rental Loan for a Cash-Out Refinance of a rental property in Tall Timbers. Maryland is a popular tourist destination as it is well known for its marinas, access to waterways, and historic city life. Currently utilized as a short-term rental, the property has generated an average monthly revenue of $5,638 over the past 12 months.

Single-Family Residence

Hot Springs, AR

Loan Amount / $618,750
Rate / 8.000%

Purpose / Acquisition
LTV / 75.0%

$618,750 Arkansas DSCR Rental Loan for an Acquisition of a rental property in Hot Springs. Located at the top of Sunrise Summit it offers views of Lake Hamilton and Hot Springs National Park from each room of the house. The property is in close proximity to Oaklawn Casino and multiple access points to the lake and national park making it the ideal stay for guests visiting the area.

Single-Family Residence

Benton, AR

Loan Amount / $90,300
Rate / 8.000%

Purpose / Cash-Out Refinance
LTV / 70.0%

$90,300 Arkansas DSCR Rental Loan for a Cash-Out Refinance on a rental property in Benton. This recently renovated 1,101 square-foot property features five updated rooms consisting of two bedrooms and one bathroom. Benton benefits from its proximity to eh Ozarks and has an abundance of scenic wildlife and forestry.

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