Portfolio Financing investment homes Q&A:
We have been receiving an
overwhelming response to our new loan
product that allows investors to refinance
their portfolio of single family homes into
long term competitive fixed rates based upon the 5
or 10 year swap rate. We don't have to
tell you that this product has been overdue
for a very long time and in high demand as
rates are on the rise. Please
contact us if you
have anything you would like to discuss.
888-375-5355
There are nearly 21 million
non-owner occupied homes in the United
States as of December 2013. We are
able to lend up to 75% LTV/LTC on
stabilized, occupied or leased single family
homes in most areas in the USA.
To answer some common
questions regarding this portfolio rental
home financing vehicle:
Q. What is the min
- max loan amount?
A. $500,000 to
$30,000,000+
Q. Is there a
minimum number of rental homes/houses the
investor can have?
A. Yes, there is a
minimum of 5 homes that must each appraise
for at least $50,000 and minimum total
value of portfolio is $700,000
Q. Is there a
Maximum number of homes/houses the investor
can have?
A. NO.
Q. Is there a
Maximum number of homes/houses the investor
can have?
A. NO.
Q. What areas of
the United States is this program valid?
A. This program will
consider most any locations within the
United States of America. - Smaller
regions-MSA's maybe reduced LTV.
Q. Is there
seasoning of the real estate?
A. Yes. We will
consider full market value after 12 months.
Otherwise, we will use purchase price plus
renovation costs to make building habitable.
Q. Can the
properties be self managed?
A. Yes. So long
as we can prove the sponsor is professional
and experienced.
Didn't see your question
here? - No worries, just pick up the phone
and call our toll free number and speak to
one of our qualified representatives now!
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