OKLAHOMA
INVESTMENT PROPERTY LOANS

DSCR loan interest rates on Oklahoma Rental Properties start at 5.75%. The rate offered will depend primarily on three factors; your credit score, the DSCR ratio and the LTV ratio. Additional factors include also determine the rate include loan structure, prepayment penalty terms and loan purpose, more advanced analysis of how to get the lowest rate are included in this article. In addition, borrowers can pay more “points” or higher closing fees to lower or “buy down” the interest rate on a rental property loan.

Oklahoma rental loans require a minimum loan amount of $75,000 and a maximum loan amount of $3,500,000. Portfolio, or “Blanket” rental loans have a minimum loan amount of $225,000 and must have three or more properties in the portfolio.

Oklahoma rental loans require a minimum down payment of 15% for rental loans for purchases of rental properties.

Yes – our rental loans can finance all sorts of investment property strategies in Oklahoma, including long-term rentals, medium-term rentals and vacation rentals. Not only are vacation rentals eligible, but Easy Street Capital is a leader in financing vacation or short term rental loans with qualifying rental income from sources such as AirDNA and full eligibility in seasonal vacation markets. Check out our free STR Revenue Estimator Tool here!

Yes – EasyRent loans are first-time investor friendly, and we do not have any restrictions or limits on Oklahoma loan offerings to first time investors. We are dedicated to helping real estate investors start the journey to financial freedom and love to help people get started!

Yes – in fact we recommend borrowing through an LLC (however borrowing as an individual is OK in most states). We require a full guaranty for anyone who has more than 25% of ownership of the entity and allow up to four separate guarantors on each loan.

Yes – vacant Oklahoma properties are fully eligible for rental loans from Easy Street Capital. We will use the market rent (as determined by the appraisal) to project cash flows for the property. Additionally, if planned to utilize the property as a short term or vacation rental, we can utilize projects from industry data providers to qualify the loan.