Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Newport, NJ

Loan Amount / $247,000
Rate / 7.625%

Purpose / Cash-Out Refinance
LTV / 65.0%

$247,000 New Jersey DSCR Rental Loan for a Cash-Out Refinance of a rental property in Newport. This beach-style property is situated less than a mile east of the Delaware Bay shoreline, offering easy access to opportunities for enjoying coastal scenery and activities.

PUD

Princeville, HI

Loan Amount / $2,000,000
Rate / 7.250%

Purpose / Cash-Out Refinance
LTV / 46.5%

$2,000,000 Hawaii DSCR Rental Loan for a Cash-Out Refinance of a rental property in Princeville. Located just a short walk north of the cliffs overlooking the Pacific Ocean, only a lush green valley lies between this residence and the ocean. The property is tucked away at the end of a quiet cul-de-sac with a private pool and deck, providing breathtaking views and easy access to secluded beaches.

Single-Family Residence

Waverly, MN

Loan Amount / $252,450
Rate / 7.125%

Purpose / Acquisition
LTV / 75.0%

$252,450 Minnesota DSCR Rental Loan for an Acquisition of a rental property in Waverly. This residence is located about two miles south of Lake Waverly, providing opportunities for fishing, boating, and scenic views. Upon acquisition, the property will be utilized as a long-term rental.

Condo

Branson, MO

Loan Amount / $295,500
Rate / 8.250%

Purpose / Acquisition
LTV / 75.0%

$295,500 Missouri DSCR Rental Loan for an Acquisition of a rental property in Branson. This short-term rental is located in an area known for resorts, boat rentals, restaurants, and recreational activities such as swimming, scuba diving, fishing, and hiking.

Single-Family Residence

Topeka, KS

Loan Amount / $191,250
Rate / 8.375%

Purpose / Cash-Out Refinance
LTV / 75.0%

$191,250 Kansas DSCR Rental Loan for a Cash-Out Refinance of a rental property in Topeka. This recently renovated property features bathroom upgrades, new ceilings, tiling, plumbing, and more.

Single-Family Residence

Hilo, HI

Loan Amount / $427,000
Rate / 8.500%

Purpose / Cash-Out Refinance
LTV / 70.0%

$427,000 Hawaii DSCR Rental Loan for a Cash-Out Refinance of a rental property in Hilo. Situated less than 2 miles from Hilo Bayfront Beach Park, this property enjoys prime access to the area’s natural surrounding and popular spots for recreation.

PUD

Rio Rancho, NM

Loan Amount / $255,000
Rate / 7.625%

Purpose / Acquisition
LTV / 69.9%

$255,000 New Mexico DSCR Rental Loan for an Acquisition of a rental property in Rio Rancho. Situated in a suburban neighborhood, this short-term rental provides access to both the city and the larger Albuquerque metropolitan area, as well as outdoor recreational opportunities in the nearby mountains.

Duplex

Worcester, MA

Loan Amount / $712,500
Rate / 7.375%

Purpose / Rate-Term Refinance
LTV / 75.0%

$712,500 Massachusetts DSCR Rental Loan for a Rate-Term Refinance of a rental property in Worcester. This fully occupied residence is conveniently close to major routes, shopping, employment opportunities, public services, and schools.

Single-Family Residence

Bend, OR

Loan Amount / $295,000
Rate / 7.500%

Purpose / Cash-Out Refinance
LTV / 61.5%

$295,000 Oregon DSCR Rental Loan for a Cash-Out Refinance of a rental property in Bend. Following its acquisition, the property underwent extensive renovations, including but not limited to drywall work, deck construction, the installation of cabinets and marble countertops, and more.

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