02. Loans
Rentals (DSCR)
Long-term and short-term rental loans that qualify on the property's rent, not your tax returns.
Purchase
| Leverage | Up to 85% LTV |
|---|---|
| Loan size | $75K to $50MM |
| Rates from | 5.39% |
| Terms | 15, 20, 30 or 40 years |
| Interest-only | Available |
| Prepayment penalty | 0 to 7 years |
| Qualifying rent | Actual or market rent |
| Minimum DSCR | As low as 0.75 |
| Delayed financing | Available |
| Properties | Single property or portfolio, no unit cap |
| Minimum credit score | None |
| Close in | As fast as 10 days, 28 on average |
Refinance
| Rate & term | Up to 85% LTV; vacant properties allowed, 0-month seasoning options |
|---|---|
| Cash-out | Up to 80% LTV; cash-out can cover reserves |
Short-term rentals (Airbnb, VRBO)
Qualify on market rent, past short-term rental income, or AirDNA projections.
| Purchase | Up to 80% LTV |
|---|---|
| Refinance / cash-out | Up to 75% LTV |
| Rental history or experience | Not required |
| Minimum DSCR | As low as 1.0 |
A good fit if…
- You're buying or refinancing a rental you'll hold
- Your income is hard to document the bank's way
- You own several rentals and want one loan for all of them
Not a fit if…
- You plan to live in it. These are investment loans only.
- The property needs a major rehab first — see Fix & flip
What we’ll ask for
- Purchase contract (or payoff for a refinance)
- Current leases, if the property is rented
- Short-term rental income, if you're qualifying on it