Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Cheyenne, WY

Loan Amount / $228,000
Rate / 8.250%

Purpose / Acquisition
LTV / 80.0%

$228,000 Wyoming DSCR Rental Loan for an Acquisition of a rental property in Cheyenne. This property features an updated kitchen and bathrooms as well as new vinyl windows, countertops, and more. Upon purchase, this home will be utilized as a long-term rental.

Single-Family Residence

Seneca Falls, NY

Loan Amount / $492,800
Rate / 8.250%

Purpose / Acquisition
LTV / 80.0%

$492,800 New York DSCR Rental Loan for an Acquisition of a rental property in Seneca Falls. This property backs up to the picturesque Cayuga Lake, one of the Finger Lakes, which can be admired from the spacious deck. Upon acquisition, this home will be used as a short-term rental.

Single-Family Residence

Aurora, IN

Loan Amount / $252,000
Rate / 8.250%

Purpose / Acquisition
LTV / 80.0%

$252,000 Indiana DSCR Rental Loan for an Acquisition of a rental property in Aurora. Located at the border between Indiana and Kentucky, this home enjoys close proximity to the Ohio River, offering a beautiful scenery to visitors as well as riverside activities.

Single-Family Residence

Livingston, MT

Loan Amount / $486,500
Rate / 8.625%

Purpose / Cash-Out Refinance
LTV / 70.0%

$486,500 Montana DSCR Rental Loan for a Cash-Out Refinance of a rental property in Livingston. This property is located in the heart of Livingston, a historic town within a few hours of Big Sky Mountain and Yellowstone National Park, making it a great destination for outdoor-loving travelers.

Single-Family Residence

Rupert, ID

Loan Amount / $240,000
Rate / 7.375%

Purpose / Rate-Term Refinance
LTV / 62.7%

$240,000 Idaho DSCR Rental Loan for a Rate-Term Refinance of a rental property in Rupert. This property is located in the southern part of Idaho, slightly east of Twin Falls. This town features a quaint historic downtown area and several State Parks within close proximity.

PUD

Princeville, HI

Loan Amount / $1,687,500
Rate / 7.250%

Purpose / Rate-Term Refinance
LTV / 75.0%

$1,687,500 Hawaii DSCR Rental Loan for a Rate-Term Refinance of a rental property in Princeville. The property features a modern floorplan, multiple entertaining spaces, and a panoramic backyard view of the Hawaiian landscape.

Single-Family Residence

Bethany Beach, DE

Loan Amount / $555,000
Rate / 7.625%

Purpose / Cash-Out Refinance
LTV / 60.0%

$555,000 Delaware DSCR Rental Loan for a Cash-Out Refinance in Bethany Beach. Bethany Beach is a coastal town located on the Atlantic Ocean and features a boardwalk, motels, restaurants, and typical amenities of a beach town. After recent renovations, this property is currently utilized as a short term rental.

Single-Family Residence

Dolton, IL

Loan Amount / $101,250
Rate / 8.000%

Purpose / Acquisition
LTV / 75.0%

$101,250 Illinois DSCR Rental Loan for an Acquisition of a rental property in Dolton. Located in a well-established residential neighborhood, this property is within good proximity to schools, parks, local shopping centers, and a variety of supporting facilities.

Condo

New Orleans, LA

Loan Amount / $592,500
Rate / 8.875%

Purpose / Rate-Term Refinance
LTV / 75.0%

$592,500 Louisiana DSCR Rental Loan for a Rate-Term Refinance of a rental property in New Orleans. After recent renovations, this unit now has four bedrooms and two bathrooms, granite countertops, and modern finishes in the kitchen and bathrooms.

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