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Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Casper, WY

Loan Amount / $516,100
Rate / 7.875%

Purpose / Cash-Out Refinance
LTV / 65.0%

$516,100 Wyoming DSCR Rental Loan for a Cash-Out Refinance of a rental property in Casper. This newly completed property offers easy access to vibrant outdoor activities like hiking on Casper Mountain and fly fishing on the North Platte River. Its location near a lively downtown with local shops, breweries, and exciting events like rodeos and art walks makes it a solid Airbnb short-term rental.

Multifamily (7-Unit)

Atlantic City, NJ

Loan Amount / $419,250
Rate / 8.625%

Purpose / Cash-Out Refinance
LTV / 65.0%

$419,250 New Jersey DSCR Rental Loan for a Cash-Out Refinance of a rental property in Atlantic City. This fully occupied multifamily investment property features recently renovated units and exterior upgrades. Its location near the iconic boardwalk and casino resorts offers tenants access to a popular area with diverse nightlife, dining, and entertainment options.

Single-Family Residence

South Bend, IN

Loan Amount / $255,500
Rate / 6.250%

Purpose / Acquisition
LTV / 70.0%

$225,500 Indiana DSCR Rental Loan for an Acquisition of a rental property in South Bend. This property, with recently updated kitchen and bathrooms, offers easy access to employment, shopping, and recreation. Located near Notre Dame and the St. Joseph River, it will be utilized as a short-term rental investment upon purchase.

Single-Family Residence

Warren, MI

Loan Amount / $204,000
Rate / 6.875%

Purpose / Rate-Term Refinance
LTV / 80.0%

$204,000 Michigan DSCR Rental Loan for a Rate-Term Refinance of a rental property in Warren. This home has a convenient location less than a mile from I-696 and offers easy access to shopping, schools, freeways, employment services, public transportation, and local parks.

PUD

Springville, UT

Loan Amount / $218,735
Rate / 6.750%

Purpose / Acquisition
LTV / 55.0%

$218,735 Utah DSCR Rental Loan for an Acquisition of a rental property in Springville. This property is located less than a mile from I-15 and offers easy commutes and access to schools, shopping, and public transportation. Just two miles from Springville’s charming historic downtown, the home will be utilized as a long-term rental upon acquisition.

PUD

Isle of Palms, SC

Loan Amount / $2,190,000
Rate / 7.625%

Purpose / Acquisition
LTV / 73.0%

$2,190,000 South Carolina DSCR Rental Loan for an Acquisition of a rental property in Isle of Palms. This seven-bedroom, seven-bathroom luxury home features a pool, second-floor porch, game room with wet bar, and elevator, perfect for short-term rentals. Steps from the beach and local attractions, it’s just 30 minutes from downtown Charleston.

Duplex

Boston, MA

Loan Amount / $550,000
Rate / 6.875%

Purpose / Acquisition
LTV / 59.5%

$550,000 Massachusetts DSCR Rental Loan for an Acquisition of a rental property in Boston. Located in the Metropolitan Hill/Beech Street neighborhood, this home is a 15-minute walk from Roslindale Square’s shops and transit hub. Just 10 miles from Downtown Boston, it’s ready to be utilized as a short-term rental.

Quadruplex

Manchester, NH

Loan Amount / $451,000
Rate / 7.125%

Purpose / Acquisition
LTV / 59.3%

$451,000 New Hampshire DSCR Rental Loan for an Acquisition of a rental property in Manchester. This multi-unit property has a variety of well-appointed spaces, including cozy two-bedroom options with up to one and a half baths and generous three-bedroom units ideal for families. Its standout location grants easy access to Lake Avenue and Elm Street.

Single-Family Residence

Tampa, FL

Loan Amount / $1,040,000
Rate / 7.500%

Purpose / Acquisition
LTV / 80.0%

$1,040,000 Florida DSCR Rental Loan for an Acquisition of a rental property in Tampa. This five-bedroom home features an entryway with a spiral staircase, elegant formal living and dining areas, and a backyard built for relaxation with a pool, spa, and covered patio. Just minutes from major roadways, beaches, and shopping, it’s set to operate as a short-term rental in one of Tampa’s most popular travel hubs.

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