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Single-Family Residence

Thornton, CO

Loan Amount / $252,000
Rate / 7.250%

Purpose / Cash-Out Refinance
LTV / 57.9%

$252,000 Colorado DSCR Rental Loan for a Cash-Out Refinance of a rental property in Thornton. Situated within walking distance to local elementary, middle, and high school and within close proximity to all necessary retail amenities, healthcare facilities, and employment opportunities. This property features three bedrooms and two bathrooms.

Multifamily

Lexington, NE

Loan Amount / $308,000
Rate / 8.500%

Purpose / Cash-Out Refinance
LTV / 70.0%

$308,000 Nebraska DSCR Rental Loan for a Cash-Out Refinance of a rental property in Lexington. The property is very central to Lexington and has no shortage of small businesses, workout facilities, parks, and wineries nearby. Platte River, a 310-mile river that runs close to Lexington, offers fishing, boating, and bird-watching, for those interested in the continental bird migration route. There is a plethora of wildlife in this area, as the moderate climate and flat plains offer an ideal habitat.

Duplex

San Bernardino, CA

Loan Amount / $388,500
Rate / 7.875%

Purpose / Cash-Out Refinance
LTV / 70.0%

$388,500 California DSCR Rental Loan for a Cash-Out Refinance of a rental property in San Bernardino. This duplex including an accessory dwelling unit is located right off of Interstate 215 in the center of San Bernardino, approximately 90 minutes from the center of Los Angeles and just outside the San Bernardino National Forest.

Triplex

Laredo, TX

Loan Amount / $153,300
Rate / 7.775%

Purpose / Cash-Out Refinance
LTV / 70.0%

$153,300 Texas DSCR Rental Loan for a Cash-Out Refinance of a rental property in Laredo. This property is located at the heart of Laredo, just minutes from the Rio Grande. This long-term rental offers a great location for tenants looking to enjoy all that Laredo has to offer. Once the capital of the briefly held independent Republic of Rio Grande, the city boasts its rich heritage, authentic restaurants, unique shopping, lively entertainment, and festivals.

Single-Family Residence

Saugerties, NY

Loan Amount / $512,250
Rate / 7.875%

Purpose / Cash-Out Refinance
LTV / 58.5%

$512,250 New York DSCR Rental Loan for a Cash-Out Refinance of a rental property in Saugerties. The neighborhood features characteristics wanted by the majority of homeowners such as easy access to shopping, schools, and employment. Saugerties is located just off the Hudson River in central New York and near many attractions such as hiking and nature areas, Woodstock, and niche resorts.

PUD

Riverview, FL

Loan Amount / $249,000
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 75.0%

$249,000 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Riverview. The contemporary-style home features an attached two-car garage, a covered front entry, a screened-in lanai, and stainless-steel appliances. The housing market in Riverview is great with increasing property values, balanced macroeconomic supply and demand, and homes selling in less than three months’ time on the market.

Single-Family Residence

Apollo Beach , FL

Loan Amount / $217,750
Rate / 8.250%

Purpose / Cash-Out Refinance
LTV / 75.0%

$217,750 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Apollo Beach. This property was recently renovated including a full remodel of the kitchen and bathrooms, repaved driveway, new HVAC and plumbing, along with fresh pain throughout the property. The housing market in Apollo Beach is good with stable property values, balanced macroeconomic supply and demand, and homes selling in less than three months’ time on the market

Multifamily

Canton, OH

Loan Amount / $114,675
Rate / 9.375%

Purpose / Acquisition
LTV / 74.223%

$114,675 Ohio DSCR Rental Loan for an Acquisition of a rental property in Canton. Canton, situated about 60 miles to the south of Cleveland in Stark County, Ohio, offers an urban environment that seamlessly blends residential and commercial areas. The city boasts a rich diversity in its housing options, predominantly featuring single-family homes while also embracing a variety of multi-family buildings and townhouses. Canton’s economy and labor market are notably multifaceted, encompassing industries such as manufacturing, healthcare, education, and retail.

Duplex

Bristol, CT

Loan Amount / $207,000
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 75.0%

$207,000 Connecticut DSCR Rental Loan for a Cash-Out Refinance of a rental property in Bristol. Bristol finds its place in central Connecticut, specifically in Hartford County, an area characterized by its eclectic mix of homes, featuring diverse styles, sizes, ages, conditions, and market appeal. The neighborhood boasts convenient access to major commuting routes, town services, and various amenities, making it a well-connected and easily accessible location.

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