REAL ESTATE FINANCING
Rental / DSCR
Purchase or refinance an investment rental using property cash flow as the primary qualification measure.
See If Your Deal QualifiesProgram Details
- Best For
- Investors buying or refinancing eligible one- to four-unit rental properties.
- Loan Amounts
- $100,000–$3 million
- LTV / LTC
- Up to 80% for qualifying purchases and rate-term refinances; up to 75% cash-out.
- Typical Terms
- 30-year fixed or adjustable options; interest-only options for qualifying deals.
- Property Types
- Eligible one- to four-unit investment rentals and selected condos.
- Key Qualifications
- Typically 660+ credit score; rent, reserves, property condition and credit history reviewed.
- Important Requirements
- Business-purpose investment use, appraisal, insurance and reserves. Prepayment options and geographic restrictions vary. This channel excludes North Dakota, South Dakota and Baltimore; additional local and borrower-entity restrictions apply.
LTV is loan-to-value. LTC is loan-to-cost. ARV is after-repair value. Each applicable limit must be met; advertised maximums are not available for every deal.
Program Options
Rental Portfolio
Combine eligible rental properties into one financing structure for purchase, refinance or equity access.
- Loan Amounts
- Portfolio financing sized around the properties; larger requests reviewed individually.
- Typical Terms
- Fixed and adjustable options with 5-, 10- and 30-year structures.
- Key Qualifications
- Prior rental ownership, documented leases, qualifying cash flow and liquidity.
Short-Term Rental
Financing for eligible vacation rentals, with rental income evaluated for seasonality and operating costs.
- Loan Amounts
- Sized to the property and qualifying rental income.
- Typical Terms
- Long-term rental financing options, depending on the selected program.
- Key Qualifications
- Documented rental income, credit, liquidity and lawful short-term rental use.
Alternative Qualification
Alternative review may be available when credit history or rental cash flow falls outside standard program guidelines.
- Loan Amounts
- Determined after review.
- Typical Terms
- Selected 30-year options.
- Key Qualifications
- Credit and property reviewed individually; standard rental cash-flow ratios may not be required in selected channels.
Get a current review.
Pricing is based on your property, experience, credit and current market conditions. Apply for a current quote.
Apply NowProgram availability and terms depend on the property, borrower and current underwriting. Maximums are conditional and are not a commitment to lend.