Recent Fundings - Rental
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Duplex
Detroit, MI
$94,500 Michigan DSCR Rental Loan for a Cash-Out Refinance of a rental property in Detroit. This Colonial-style property is located in a cozy, safe neighborhood filled with other historic bungalows and colonial-style homes that have been converted into duplexes.
Quadruplex
Millville, NJ
$264,000 New Jersey DSCR Rental Loan for an Acquisition of a rental property in Millville. Built in 1892, the property reflects some modernization, with updated features to the kitchens and bathrooms, including laminate floors, updated cabinets and counter tops.
Single-Family Residence
Atlanta, GA
$532,000 Georgia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Atlanta. This short-term rental is located north of Downtown Atlanta, situated within proximity to all necessary schools, retail amenities, healthcare facilities, and employment opportunities.
PUD
East Stroudsburg, PA
$384,000 Pennsylvania DSCR Rental Loan for a Acquisition of a rental property in East Stroudsburg. This recently renovated property is just a walk away from Blue Mountain Lake and will be utilized as a short-term rental.
Single-Family Residence
Leavenworth, WA
$400,000 Washington DSCR Rental Loan for a Cash-Out Refinance of a rental property in Leavenworth. This short-term rental is located in the Cascade Mountains and known for being a Bavarian-inspired haven attracting tourists year round.
Single-Family Residence
Houston, TX
$166,500 Texas DSCR Rental Loan for a Rate-Term Refinance of a rental property in Houston. The property features a recently updated kitchen and bathrooms as well as new paint, drywall, new electrical, new plumbing, new HVAC, new flooring, and more. Located in Southeast Houston, the prime location provides access to an abundance of employment, recreational, and retail opportunities.
Duplex
New Orleans, LA
$412,500 Louisiana DSCR Rental Loan for a Cash-Out Refinance of a rental property in New Orleans. After multiple renovations this property now has insulated windows, tankless water heaters, a new roof, new floor coverings, renovated kitchen and baths with granite counters.
Single-Family Residence
Bluffdale, UT
$1,365,000 Utah DSCR Rental Loan for a Cash-Out Refinance of a rental property in Bluffdale. South of Salt Lake City, sandwiched between Utah Lake and the Great Salt Lake, the property is convenient for commuting to Salt Lake City and has access to all necessary amenities, not to mention the abundance of outdoor activities in the area thanks to the surrounding mountain ranges, and proximity to Utah Lake.
Single-Family Residence
Wilmington, DE
$140,000 Delaware DSCR Rental Loan for a Rate-Term Refinance of a rental property in Wilmington. This townhouse-style residence features three bedrooms and one bathroom and is currently being used as a long-term rental.
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