Recent Fundings - Rental

Real Investments. Real Results.

Single-Family Residence

Coachella, CA

Loan Amount / $519,920
Rate / 8.875%

Purpose / Acquisition
LTV / 80.0%

$519,920 California DSCR Rental Loan for an Acquisition of a rental property in Coachella. The city is known for its annual Coachella Music Festival which draws in more than 250,000 people each year. Upon purchase, the property will be utilized as a Short-Term rental.

Multifamily

Gainesville, FL

Loan Amount / $651,000
Rate / 8.750%

Purpose / Acquisition
LTV / 70.0%

$651,000 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Gainesville. The city of Gainesville is home to a plethora of economic opportunity, split between education, retail healthcare. Home to the University of Florida, the property lies just outside the campus, and mere miles from a retail hub.

Single-Family Residence

Dallas, TX

Loan Amount / $675,000
Rate / 9.500%

Purpose / Cash-Out Refinance
LTV / 75.0%

$675,000 Texas DSCR Rental Loan for a Cash-Out Refinance of a rental property in Dallas. This modern ranch features an open floor concept with a large chef-style kitchen. Located just north of downtown Dallas, this property is currently being used as a long-term rental.

Duplex

Tuscaloosa, AL

Loan Amount / $132,000
Rate / 7.375%

Purpose / Cash-Out Refinance
LTV / 55.0%

$132,000 Alabama DSCR Rental Loan for a Cash-Out Refinance of a rental property in Tuscaloosa. In the heart of Tuscaloosa, The University of Alabama, attracts students nationwide making this a hotspot for savvy investors.

Duplex

Morgantown, WV

Loan Amount / $262,500
Rate / 8.625%

Purpose / Cash-Out Refinance
LTV / 75.0%

$262,500 West Virginia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Morgantown. Each unit of this duplex is 1,536 square feet and offers a whopping five bedrooms and two bathrooms to accommodate large families living in Morgantown. This quaint town nestled in the Blue Ridge Mountains was rated “Best Affordable Places to Live” and is home to West Virginia University.

Single-Family Residence

Indianapolis, IN

Loan Amount / $103,200
Rate / 9.000%

Purpose / Cash-Out Refinance
LTV / 60.0%

$103,200 Indiana DSCR Rental Loan for a Cash-Out Refinance of a rental property in Indianapolis. This cozy 1920s home showcases natural stone flooring in the kitchen and an open living area with a fireplace. A large enclosed front patio allows for the perfect spot to escape the Indiana cold.

Condo

Naples, FL

Loan Amount / $213,000
Rate / 8.250%

Purpose / Cash-Out Refinance
LTV / 59.8%

$213,000 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Naples. Located in beautiful southwest Florida this property is only minutes from beaches on the Gulf of Mexico. This property is currently utilized as a long-term rental.

Single-Family Residence

Scottsdale, AZ

Loan Amount / $1,000,000
Rate / 8.375%

Purpose / Acquisition
LTV / 80.0%

$1,000,000 Arizona DSCR Rental Loan for an Acquisition of a rental property in Scottsdale. This properties amenities make it a popular short-term rental. Some amenities include, BBQ island, pool, and a front and rear patio.

Cash-Out Refinance

Atlanta, GA

Loan Amount / $1,474,200
Rate / 7.500%

Purpose / Cash-Out Refinance
LTV / 65.0%

$1,474,200 Georgia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Atlanta. This property is STR heaven, featuring a recreational room, movie theater, and built-in bar. If your more outdoorsy check out this STR’s Goat House and Chicken Coop!

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