30-Year Fixed Rental Loans
Qualify on the property's rent, not your personal income. This business-purpose financing is for investors buying or refinancing rental properties, one at a time or as a portfolio.
Download our 30-Year Rental one pager here!
Who qualifies
Borrower | LLC, LP, corporation, or trust (individuals with approval); business-purpose affidavit required. |
Credit | 660+ FICO. |
Property | Non-owner-occupied 1–4 family rentals and Class A/B 5–9 unit properties in sound condition. |
Income | Qualifies on the property's rent compared with its monthly payment (PITIA), with no personal income documents. |
Bought and renovated with us? Ask about zero-point options on your 30-year loan refinance.
Key terms
Feature | Detail |
Loan amount | $70,000 to $1,500,000 per property (larger with approval); $150,000 minimum for 5–9 units |
Term | 30 years |
Payments | 30-year fixed or 5/7/10-year ARMs, with interest-only options available |
Prepayment penalty | Several prepayment penalty options to fit your hold strategy |
Closing | As fast as 24 hours after valuation and title reports are in hand |
Maximum leverage | Up to 80% of purchase price or value, based on credit (up to 75% on cash-out refinances) |
Property types | 1–4 family rentals; Class A/B 5–9 units (Class C with approval); short-term rentals where permitted |
Portfolios | Single-property or portfolio loans, typically 3–20 properties in the same state |
How it works
1 Apply. Submit your application and opening documents.
2 Valuation and conditions. While the valuation is underway, we will work together to clear any remaining closing conditions.
3 Close. With valuation and title in hand, loans can close within 24 hours, as long as you respond quickly.
All terms are subject to full underwriting. Every deal is reviewed individually, so contact us to discuss your scenario.