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Single-Family Residence

Vero Beach, FL

Loan Amount / $1,105,000
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 58.2%

$1,105,000 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Vero Beach. This trophy vacation property features a sizable in-ground pool and surrounding patio, first-story and second-story balconies, and a screened-in porch. Outside the house, the property includes an oversized driveway with room for up to five cars in the front and a three-car garage in the rear. Vero Beach is about equal distance from West Palm Beach and Orlando and is on the eastern front of the Florida panhandle, making it an excellent spot for long-term beach-loving tenants with medical, recreational, and professional amenities.

Duplex

Luzerne, PA

Loan Amount / $187,500
Rate / 9.750%

Purpose / Cash-Out Refinance
LTV / 75.0%

$187,500 Pennsylvania DSCR Rental Loan for a Cash-Out Refinance of a rental property in Wilkes Barre. As one of Pennsylvania’s largest metropolitan statistical areas, Scranton-Wilkes-Barre has a plethora of employment opportunities, educational sites, and retail and recreational amenities.

PUD

Newport, NC

Loan Amount / $241,867
Rate / 9.375%

Purpose / Acquisition
LTV / 75.0%

$241,867 North Carolina DSCR Rental Loan for an Acquisition of a rental property in Newport. Consisting of three bedrooms and two bathrooms it is in great condition and features granite countertops, stainless steel appliances, and modern finishes. The property is in close proximity to many tourist attractions such as Emerald Isle, the Croatan National Forest, and beach access to the Atlantic Ocean.

Single-Family Residence

Baltimore, MD

Loan Amount / $155,400
Rate / 9.250%

Purpose / Cash-Out Refinance
LTV / 70.0%

$155,400 Maryland DSCR Rental Loan for a Cash-Out Refinance of a rental property in Baltimore. This property is located just outside of Downtown Baltimore, minutes from the Patapsco River. Tenants can enjoy the busy city during the day and come home to Leakin Park, which offers hundreds of acres of green space and walking trails with historic brick fences and structures throughout.

Single-Family Residence

Aitkin, MN

Loan Amount / $120,300
Rate / 8.250%

Purpose / Cash-Out Refinance
LTV / 67.6%

$120,300 Minnesota DSCR Rental Loan for a Cash-Out Refinance of a rental property in Aitkin. Aitkin, Minnesota is located just two hours north of Minneapolis and is home to several lakes and rivers. Although Aitkin is a small town it is known for its great healthcare and public education.

Single-Family Residence

Columbus, OH

Loan Amount / $129,450
Rate / 8.990%

Purpose / Acquisition
LTV / 75.0%

$129,450 Ohio DSCR Rental Loan for an Acquisition of a Rental Property in Columbus. Originally constructed in 1900 the property has been recently remodeled. Recent improvements consist of a new roof, mechanicals, new appliances, front and rear decks, a remodeled kitchen with granite countertops and an island, and a remodeled bathroom. Situated in North Columbus, the home is within close proximity to all necessary amenities, and roughly a 15-minute drive from downtown.

PUD

Hiram, GA

Loan Amount / $294,750
Rate / 8.000%

Purpose / Acquisition
LTV / 75.0%

$294,750 Georgia DSCR Rental Loan for an Acquisition of a rental property in Hiram. Hiram, Georgia is approximately thirty minutes from Atlanta, Georgia. The home benefits from all the employment, recreational, and healthcare opportunities that come with a large city like Atlanta, and the pleasures of quiet a suburban neighborhood.

PUD

Queen Creek, AZ

Loan Amount / $736,000
Rate / 9.250%

Purpose / Cash-Out Refinance
LTV / 40.9%

$736,000 Arizona DSCR Rental Loan for a Cash-Out Refinance of a rental property in Queen Creek. Featuring six bedrooms and four and a half bathrooms the property is in great condition and features stainless steel appliances, a large kitchen island, a pool, a spa, and a four-car garage. This property is roughly thirty minutes southeast of Phoenix, and five minutes north of the San Tan Mountain Regional Park.

Single-Family Residence

Forney, TX

Loan Amount / $236,250
Rate / 9.875%

Purpose / Rate-Term Refinance
LTV / 73.6%

$236,250 Texas DSCR Rental Loan for a Rate-Term Refinance for a property in Forney. Located east of Dallas off of US Highway 80, the residence is conveniently about 30 minutes outside of Dallas, and within close proximity to retail amenities, healthcare and employment facilities, and schools.

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