Contact Us
Phone: (732) 359-7800
Fax: (732) 907-1913
Email: [email protected]
Location
1330 Laurel Ave., Suite 101
Sea Girt, NJ 08750
Our DSCR rental loans allow investors to grow their rental portfolios quickly with 30-year, fixed-rate financing. Also called “buy and hold” loans, this program requires little documentation and no prior real estate investing experience. Borrowers are qualified mainly on the property’s income/debt service coverage ratio (DSCR). This loan program can be used to purchase a property, refinance an existing property, or perform a cash-out refinance to access existing equity.
Many of our borrowers employ the “BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method” of real estate investing, using our bridge financing program in conjunction with our DSCR rental program. Our Bridge loans provide financing for the purchase and rehab and our DSCR program offers great 30-year terms when refinancing a newly renovated property into a passive income-producing rental property.
Single Family, Condos, 2-4 Units, Multifamily (5+ Units), Mixed-Use
Purchase, Rate/Term Refinance, Cash-out Refinance, Blanket
No Experience Required
620+ (Single Family & 2-4 Units)
680+ (5-8 Units & Mixed-Use)
$100,000 Minimum (Single Family & 2-4 Units)
$250,000 Minimum (5-8 Units & Mixed-Use)
30 Year Fixed Rate, Flexibale Prepayment Penalties, Interest Only Options Available
1.0X Debt Coverage Requird For MAX LTV ( Single Family & 2-4 Units)
1.10X DSCR (5-8 Units & Mixed-Use)
PURCHASE PRICE LTV | LOAN TO ARV | |
|---|---|---|
RENTAL LOAN – PURCHASE | 80%
| N/A |
RENTAL LOAN – CASH-OUT | N/A | 75% |
Phone: (732) 359-7800
Fax: (732) 907-1913
Email: [email protected]
1330 Laurel Ave., Suite 101
Sea Girt, NJ 08750