Do you have cash tied up in multiple projects? Need to consolidate and pull out cash to use elsewhere?
We offer a Portfolio Refinance Loan package. Typically, we can package up to 10 houses into one loan. The minimum loan amount is $50k with an As-Is-Value of $100k per asset when cross-collateralizing 2 or more properties.
- Rates START at 6.25%
- 30-year loans, fixed for 5, 7, or 10 years
- Interest only for fixed period
- Minimum FICO = 600
- Max LTV 75% – 80% (Purchase, Rate & Term, Cash-Out)
- Property Types = SFR, 2-4 units, Condos, PUD’s, Townhomes
- Loans to Individuals or Entities
- Non-owner occupied only
- Stabilized rental properties (leased or soon-to-be leased)
- Bank Statements only / no personal income verification
- No DTI requirements
- Non-Recourse available
- Minimal DSCR requirements
- Loan Amounts = $100k – $10MM