Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Tall Timbers, MD

Loan Amount / $496,125
Rate / 8.500%

Purpose / Cash-Out Refinance
LTV / 75.0%

$496,125 Maryland DSCR Rental Loan for a Cash-Out Refinance of a rental property in Tall Timbers. Maryland is a popular tourist destination as it is well known for its marinas, access to waterways, and historic city life. Currently utilized as a short-term rental, the property has generated an average monthly revenue of $5,638 over the past 12 months.

Single-Family Residence

Hot Springs, AR

Loan Amount / $618,750
Rate / 8.000%

Purpose / Acquisition
LTV / 75.0%

$618,750 Arkansas DSCR Rental Loan for an Acquisition of a rental property in Hot Springs. Located at the top of Sunrise Summit it offers views of Lake Hamilton and Hot Springs National Park from each room of the house. The property is in close proximity to Oaklawn Casino and multiple access points to the lake and national park making it the ideal stay for guests visiting the area.

Single-Family Residence

Benton, AR

Loan Amount / $90,300
Rate / 8.000%

Purpose / Cash-Out Refinance
LTV / 70.0%

$90,300 Arkansas DSCR Rental Loan for a Cash-Out Refinance on a rental property in Benton. This recently renovated 1,101 square-foot property features five updated rooms consisting of two bedrooms and one bathroom. Benton benefits from its proximity to eh Ozarks and has an abundance of scenic wildlife and forestry.

Single-Family Residence

Little Rock, AR

Loan Amount / $363,750
Rate / 8.375%

Purpose / Acquisition
LTV / 75.0%

$363,750 Arkansas DSCR Rental Loan for an Acquisition of a rental property in Little Rock. Located in a stunning natural setting just north of Otter Creek, it is conveniently close to I-430/East, the interstate highway bypassing the city of Little Rock, and within short commuting distance to employment centers and retail areas.

Single-Family Residence

Bixby, OK

Loan Amount / $177,595
Rate / 7.875%

Purpose / Acquisition
LTV / 75.0%

$177,595 Oklahoma DSCR Rental Loan for an Acquisition of a rental property in Bixby. This newly constructed 2023 home features three bedrooms and two bathrooms. The luxury vinyl flooring, stone countertops, and white cabinets provide a bright and open layout. Bixby is located just 30 minutes south of Tulsa, Oklahoma, and offers the perfect suburban escape from the city.

Single-Family Residence

Skiatook, OK

Loan Amount / $780,000
Rate / 8.750%

Purpose / Cash-Out Refinance
LTV / 65.0%

$780,000 Oklahoma DSCR Rental Loan for a Cash-Out Refinance on a rental property in Skiatook. The property is a sprawling 12,283 square-foot single-family residence in featuring five bedrooms, four bathrooms, and three half bathrooms. The home is in good condition and features luxurious amenities such as an indoor pool with a sauna room, an indoor theater, a bar, as well as a recently updated kitchen and bathrooms.

Single-Family Residence

Lawton, OK

Loan Amount / $176,250
Rate / 9.500%

Purpose / Cash-Out Refinance
LTV / 75.0%

$176,250 Oklahoma DSCR Short Term Rental Loan for a Cash-Out Refinance on a rental property in Lawton. Industry professionals with many years of experience remodeling homes cash-out on their SFR after completing extensive renovations on the subject property. The borrowers are using proceeds from the DSCR mortgage loan to refinance the existing debt and for rehab on their other investment properties.

Acquisition

Rogers, KY

Loan Amount / $316,550
Rate / 8.250%

Purpose / Acquisition
LTV / 65.0%

The short-term rental market in Rogers, Kentucky shows signs of a high potential for profitably with an overall “A” market grade, sustained rental demand, and revenue growth according to AirDNA.

Cash-Out Refinance

Nashville, TN

Loan Amount / $787,500
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 75.0%

This single-family residence located in Music City – Nashville, TN was recently renovated from top to bottom. Less than 5 miles to downtown this short-term rental is the perfect stay for tourists looking to checkout Broadway!

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