Rental Property Loans
Permanent financing of rental properties with long-term tenants. These loans use the rental cash flow and stabilized property value to determine the loan amount.
Property
- Single-family, townhomes, warrantable condos, 2-4 unit, and 5-10 unit
- Loans are restricted to investment properties; cannot be owner-occupied
Loan Features¹
- 30-year term; fully amortizing entire term or I/O for 7 years
- $75,000 to $2 million loan amount
- Up to 80% loan to value; 75% for cash-out
Borrower
- 660 minimum FICO; no recent foreclosures or bankruptcies
- Entities only; a personal guarantee is required
- Foreign nationals allowed at reduced LTV
- No employment or income verification
Other Details
- Close in 2-3 weeks
- Appraisal with market rents
1 This is not an offer to extend credit. Loan terms, interest rate, origination points, and fees are based on loan to value, rental cash flow, credit history, and other factors. Additional criteria may apply, and all details are subject to change without notice.
Find your solution
Certain provides reliable mortgage products for construction, fix and flip, buy and hold, BRRRR, and other real estate investing strategies. Because software handles underwriting we tailor these products to meet the needs of our clients, whenever a real estate investment deserves putting capital at risk.