Our Buy & Hold loan enables investors to purchase a new property to expand their rental portfolio. Investors use this loan to refinance a property for a better rate, or take cash out to access equity.
Buy & Hold
Purchase or refinance a single rental property with our Single Rental Loan
Key Facts About Our Buy & Hold Loans
- No W2s, paystubs, tax returns, etc.
- 1.00x DSCR up to 70% LTV (700 Min. FICO)
- Funding up to 80% LTV for purchases and rate & term, up to 75% cash-out
- Property loans from $75K to $2MM
- Single Family Rental (SFR), condos, townhomes, PUD, 2-4 units eligible
- Foreign Nationals allowed (60% LTV max, eligible countries only)
- Interest-only payments
- 30-year property loan terms
- Minimum 660 FICO