Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Ardmore, OK

Loan Amount / $137,900
Rate / 8.500%

Purpose / Cash-Out Refinance
LTV / 70.0%

$137,900 Oklahoma DSCR Rental Loan for a Cash-Out Refinance of a rental property in Ardmore. This traditional-style residence has easy access to roadways, schools, shopping, and the Gold Mountain Casino.

Single-Family Residence

Seaside Heights, NJ

Loan Amount / $276,500
Rate / 8.250%

Purpose / Cash-Out Refinance
LTV / 70.0%

$276,500 New Jersey DSCR Rental Loan for a Cash-Out Refinance of a rental property in Seaside Heights. Located within walking distance of multiple boardwalks, this property provides easy access to employment, retail centers, and recreational areas.

Single-Family Residence

New Orleans, LA

Loan Amount / $367,500
Rate / 8.500%

Purpose / Rate-Term Refinance
LTV / 70.0%

$367,500 Louisiana DSCR Rental Loan for a Rate-Term Refinance of a rental property in New Orleans. This contemporary-style home features modern finishes in the kitchen and bathrooms, quartz countertops, a porch, and a balcony.

Single-Family Residence

Cordova, AL

Loan Amount / $79,500
Rate / 9.125%

Purpose / Rate-Term Refinance
LTV / 75.0%

$79,500 Alabama DSCR Rental Loan for a Rate-Term Refinance of a rental property in Cordova. With newly renovated kitchen and bathrooms, this property is in good condition.

Single-Family Residence

Center Moriches, NY

Loan Amount / $765,000
Rate / 8.750%

Purpose / Acquisition
LTV / 75.0%

$765,000 New York DSCR Rental Loan for an Acquisition of a rental property in Center Moriches. This property offers enjoyable waterfront views with an open deck at its rear that leads directly to Moriches Bay. The home will be utilized as a short-term rental upon acquisition.

Quadruplex

Indianapolis, IN

Loan Amount / $172,500
Rate / 8.750%

Purpose / Acquisition
LTV / 75.0%

$172,500 Indiana DSCR Rental Loan for an Acquisition of a rental property in Indianapolis. This multi-family property is located between the Near Eastside and Christian Park neighborhoods of central Indianapolis, benefitting from being in close proximity to all the amenities of a large city like Indianapolis.

Condo

Murrells Inlet, SC

Loan Amount / $175,000
Rate / 6.750%

Purpose / Acquisition
LTV / 70.0%

$175,000 South Carolina DSCR Rental Loan for an Acquisition of a rental property in Murrells Inlet. This property features a full kitchen, dining, and living room area perfectly suitable for individuals or couples as well as an outdoor porch offers breathtaking ocean views of the Atlantic.

Single-Family Residence

Elmhurst, IL

Loan Amount / $2,293,000
Rate / 7.625%

Purpose / Cash-Out Refinance
LTV / 43.7%

$2,293,000 Illinois DSCR Rental Loan for a Cash-Out Refinance of a rental property in Elmhurst. Located blocks away from Elmhurst University, this property has been fully renovated within the past year to allow for large additions to the house.

Condo

Denver, CO

Loan Amount / $359,999
Rate / 9.000%

Purpose / Acquisition
LTV / 70.0%

$359,999 Colorado DSCR Rental Loan for an Acquisition of a rental property in Denver. This condo is in great condition and has an elegant modern facade with large windows, dual balconies, and contemporary finishes throughout the kitchen and bathrooms. The property will be utilized as a short-term rental upon acquisition.

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