our new 30-year. fixed rental loans€¦ · call today or apply online 30 -year fixed rate loans...
TRANSCRIPT
866.781.4850 www.lendingone.com/rental
Call Today or Apply Online
30 -Year Fixed Rate Loans starting at 6.49%*
Single Family & 2-4 Unit Properties
Up to 75% LTV, (minimum loan $75K)
No DTI or Tax Returns Required
30-Year Fixed Amortization
Closings in Weeks not Months
No Hurdles. Fast Pre-Approvals Online
Stated Income
RentalOne Product Overview: RentalOne Benefits:
Introducing RentalOne:Our New 30-Year. Fixed Rental Loans
866.781.4850 www.lendingone.com/rental
RentalOne FAQs
Grow Your Rental Portfolio Today. Call or Apply Online.
Determined by:loan to value (LTV), credit score, property type, loan amount and refinance scenario
For Example: Purchase 65% LTV 720 Credit 30 Yr. Loan Rate - 6.75%
Our minimum loan size is $75K per property
What is the rate?
Primarily based on if the rent from the property will cover its mortgage payments and expenses. DSCR (1.00 - 1.30x)
How do I qualify?
Investment properties: Single Family ResidencesResidential 2-4 unit properties Warrantable Condo(s)
2 Months Bank StatementsStated Income
No tax returns or DTI requirements
No bankruptcies, foreclosures, short-sales within the prior 36 months orlate payments on other mortgages
Minimum Property Value 75% LTV = $105,000 60% LTV = $130,000
Lease(s)Sales Contract/ HUDOperating AgreementDriver’s License
What documents are needed?
Adequate cash reserves.
You can lower your rate by selectinga shorter term loan and/or a lower LTV
A credit score over 620 for the mainpartner(s) of the Company
Real estate schedule