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Rehablend

Long Term Rental Loan
Long Term Loan - LG115

Rehablend

Summary of all Guidelines

Loan Types DSCR Loan
Property Types 2-4 Units, Condo, Multi Family, SFR
Lendding Area NATIONWIDE
Loan amount Minimum $125,000
Loan amount Maximum $2,000,000
Interest Rate Minimum 8.25%
Points Minimum 1st TD 1
Points Maximum 1st TD 1.5
Terms 5/1 ARM, 10/1 ARM, 30 year
Typical Days Required to Fund 20-30 Business days
Credit Score Min 680
Interest Only or Amortized Interest Only
Fees Legal Review
Lien Position 1st
General Pricing or Guideline info - Term Length: 30 Yr fixed, 5/1 Arm, 10/1 Arm - Time to Close: 3 to 4 Weeks. - Seasoning Required: 3 Months. - Acceptable Markets: Nationwide Urban, Suburban, and Rural. - Minimum Experience: We Lend to First-timers. - Acceptable Property Types: 1-4 Family, Multifamily, Condos, PUDs. - Closing Fees: $1,000
Updated as of 2023-10-23

- Term Length: 30 Yr fixed, 5/1 Arm, 10/1 Arm
- Time to Close: 3 to 4 Weeks.
- Seasoning Required: 3 Months.
- Acceptable Markets: Nationwide Urban, Suburban, and Rural.
- Minimum Experience: We Lend to First-timers.
- Acceptable Property Types: 1-4 Family, Multifamily, Condos, PUDs.
- Closing Fees: $1,000

These descriptions are limited information and meant for general reference purposes.