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Single-Family Residence

Pooler, GA

Loan Amount / $344,000
Rate / 7.625%

Purpose / Rate-Term Refinance
LTV / 80.0%

$344,000 Georgia DSCR Rental Loan for a Rate-Term Refinance of a rental property in Pooler. This short-term rental has undergone recent extensive renovations that include new flooring, windows, an additional room, and fresh paint, among others.

Condo

Tempe, AZ

Loan Amount / $315,000
Rate / 8.625%

Purpose / Cash-Out Refinance
LTV / 60.0%

$315,000 Arizona DSCR Rental Loan for a Cash-Out Refinance of a rental property in Tempe. Located in the heart of downtown Tempe, this property is currently leased long-term and enjoys entertainment and shopping provided on Mill Avenue just one block away.

Fix and Flip

Saint Petersburg, FL

Loan Amount / $180,000
LTC / 90%

Construction Funding / $45,000
LTV / 62%

Initial Funding / $135,000

Experienced borrower completing a cosmetic rehab in Saint Petersburg, FL with an exit strategy to sell.

Fix and Flip

Boynton Beach, FL

Loan Amount / $272,000
LTC / 85%

Construction Funding / $21,250
LTV / 66%

Initial Funding / $250,750

Novice borrower completing a cosmetic rehab with an exit strategy to sell.

Single-Family Residence

Saint Cloud, MN

Loan Amount / $148,000
Rate / 8.125%

Purpose / Rate-Term Refinance
LTV / 80.0%

$148,000 Minnesota DSCR Rental Loan for a Rate-Term Refinance of a rental property in Saint Cloud. This property is well located in a suburban neighborhood just south of downtown Saint Cloud, within walking distance to various restaurants, bars, and the city’s main business district.

Single-Family Residence

Lake Ozark, MO

Loan Amount / $546,940
Rate / 8.750%

Purpose / Acquisition
LTV / 80.0%

$546,940 Missouri DSCR Rental Loan for an Acquisition of a rental property in Lake Ozark. This lake-front, short-term rental property features a spacious design finished with modern fixtures, as well as several amenities including mini golf and a game room with billiards and ping pong. Lake of the Ozarks is Missouri’s most popular lake destination, attracting visitors from across the country.

Duplex

Brunswick, ME

Loan Amount / $415,250
Rate / 7.375%

Purpose / Cash-Out Refinance
LTV / 55.0%

$415,250 Maine DSCR Rental Loan for a Cash-Out Refinance of a rental property in Brunswick. This property is in like-new condition and is located in a suburban neighborhood only 1.5 miles south of downtown Brunswick.

Single-Family Residence

Elsmere, KY

Loan Amount / $187,500
Rate / 7.875%

Purpose / Cash-Out Refinance
LTV / 75.0%

$187,500 Kentucky DSCR Rental Loan for a Cash-Out Refinance of a rental property in Elsmere. This property has undergone kitchen and bathroom renovations within the past year and is located within close proximity to employment centers, medical facilities, and parks.

Triplex

Milwaukee, WI

Loan Amount / $412,500
Rate / 7.500%

Purpose / Cash-Out Refinance
LTV / 75.0%

$367,500 Wisconsin DSCR Rental Loan for a Cash-Out Refinance of a rental property in Milwaukee. This triplex is situated in an urban neighborhood just two miles north of downtown Milwaukee. All three units are currently leased with long-term tenants.

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