Recent Fundings - Rental
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Duplex
Worcester, MA
$712,500 Massachusetts DSCR Rental Loan for a Rate-Term Refinance of a rental property in Worcester. This fully occupied residence is conveniently close to major routes, shopping, employment opportunities, public services, and schools.
Single-Family Residence
Bend, OR
$295,000 Oregon DSCR Rental Loan for a Cash-Out Refinance of a rental property in Bend. Following its acquisition, the property underwent extensive renovations, including but not limited to drywall work, deck construction, the installation of cabinets and marble countertops, and more.
Triplex
Lakewood, OH
$337,500 Ohio DSCR Rental Loan for an Acquisition of a rental property in Lakewood. This property is situated in the heart of western Lakewood and is within walking distance to schools, an award wining library, retail shops, and Lake Erie.
PUD
North Myrtle Beach, SC
$350,880 South Carolina DSCR Rental Loan for an Acquisition of a rental property in North Myrtle Beach. This property is situated in a suburban neighborhood a block away from the beach and north of Main Street, a mile-long road dotted with bars, shopping, and restaurants. Upon acquisition, the residence will be utilized as a short-term rental.
Single-Family Residence
Michigan City, IN
$242,900 Indiana DSCR Rental Loan for a Cash-Out Refinance of a rental property in Michigan City. This property’s proximity to the clear beaches of Lake Michigan make it a desirable destination, combining the benefits of natural beauty, recreational opportunities, and a high quality of life.
Single-Family Residence
Front Royal, VA
$351,000 Virginia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Front Royal. This short-term rental property overlooks the river and has great access to Shenandoah National Park, the Blue Ridge Mountains, and Skyline Caverns.
PUD
Pigeon Forge, TN
$600,000 Tennessee DSCR Rental Loan for a Cash-Out Refinance of a rental property in Pigeon Forge. This cabin-style, short-term rental property features an indoor, inground pool, a covered porch, fireplace, and stainless steel appliances. The residence is within four miles of all of the town’s major attractions including theme parks, museums, dinner theatres, and other family-oriented recreational activities.
Single-Family Residence
Radcliff, KY
$161,450 Kentucky DSCR Rental Loan for a Rate-Term Refinance of a rental property in Radcliff. Some features of this single-family residence include but are not limited to an outdoor shed, a two-car built-in garage, and a covered porch.
PUD
Plainfield, IL
$200,000 Illinois DSCR Rental Loan for a Rate-Term Refinance of a rental property in Plainfield. The residence is situated in a suburban neighborhood approximately a mile west of a major highway that facilitates travel into downtown Chicago.
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