Recent Fundings - Rental

Real Investments. Real Results.

Multifamily

Pittsburgh, PA

Loan Amount / $825,500
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 65.0%

$825,500 Pennsylvania DSCR Rental Loan for a Cash-Out Refinance of a rental property in Pittsburgh. This five unit multifamily property has been recently renovated. Four of the five units are being utilized as short term rentals.

Single-Family Residence

Sevierville, TN

Loan Amount / $446,250
Rate / 8.250%

Purpose / Acquisition
LTV / 75.0%

$446,250 Tennessee DSCR Rental Loan for an Acquisition of a rental property in Sevierville. This STR faces the mountain view, offering a lovely sight for visitors. Being part of the Smoky Mountains, the property offers the perfect getaway location for anyone looking to take advantage of the scenery, along with the nearby trails, camp sites, museums, theme parks, among others.

Single-Family Residence

Kingsland, TX

Loan Amount / $1,125,600
Rate / 8.000%

Purpose / Rate-Term Refinance
LTV / 70.0%

$1,125,600 Texas DSCR Rental Loan for a Rate-Term Refinance of a rental property in Kingsland. Located on the Colorado River, this property is currently utilized as a short-term rental. Some recent renovations include, a full kitchen and bath remodel, new cabinetry, counter tops, appliances, and flooring.

Single-Family Residence

Ewing, NJ

Loan Amount / $262,500
Rate / 7.875%

Purpose / Cash-Out Refinance
LTV / 75.0%

$262,500 New Jersey DSCR Rental Loan for a Cash-Out Refinance of a rental property in Ewing. This fully renovated property has a very suburban feel, with a good-sized driveway and front, back and side yards complimented by a front porch and a back deck.

Single-Family Residence

Rupert, ID

Loan Amount / $240,000
Rate / 7.375%

Purpose / Rate-Term Refinance
LTV / 61.2%

$240,000 Idaho DSCR Rental Loan for a Rate-Term Refinance of a rental property in Rupert. This property is currently occupied on a long-term lease, featuring modern finishes in the kitchen that include custom cabinets, quartz counters, and a large island which highlights mosaic tiling.

Single-Family Residence

Gulfport, MS

Loan Amount / $134,400
Rate / 7.625%

Purpose / Cash-Out Refinance
LTV / 70.0%

$134,400 Mississippi DSCR Rental Loan for a Cash-Out Refinance of a rental property in Gulfport. This recently renovated property is currently being utilized as a short-term rental, located just a few blocks away from Gulfport Beach and Gulfport Yacht Club.

Single-Family Residence

Butte, MT

Loan Amount / $143,500
Rate / 8.000%

Purpose / Cash-Out Refinance
LTV / 70.0%

$367,500 Montana DSCR Rental Loan for a Cash-Out Refinance of a rental property in Butte. This property features a fenced in backyard perfect for pets or children, as well as a porch on the first floor and balcony on the second floor with views over the city of Butte.

Duplex

Portland, OR

Loan Amount / $650,000
Rate / 7.000%

Purpose / Rate-Term Refinance
LTV / 68.6%

$650,000 Oregon DSCR Rental Loan for a Rate-Term Refinance of a rental property in Portland. The entirely renovated property is situated just two blocks from the popular historic of Nob Hill, an established neighborhood known for its Victorian houses, tree-lined streets, and trendy shopping.

Single-Family Residence

Marblehead, MA

Loan Amount / $1,425,000
Rate / 7.625%

Purpose / Cash-Out Refinance
LTV / 75.0%

$1,425,000 Massachusetts DSCR Rental Loan for a Cash-Out Refinance of a rental property in Marblehead. Located on the coast, this historic colonial property perfectly blends the old with the new, featuring original accents such as hardwood flooring and carpentry throughout, which is incorporated well with the renovated bathrooms and living areas.

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