Rental Home Financing
- No Personal Tax Return Income Requirements
- 2 Year BK Discharge OK (with rebuilt credit)
- Partner Buyouts - OK
- No W-2′s
Rental Home Financing unleashes a totally new lending platform and is now offering a loan program specifically tailored toward rental, income producing properties such as single family (1-4 units), condos, townhomes & multifamily apartments Nationwide. We lend on the verified lease income/cash flow and LTV of the rental properties not the personal income of the sponsor. We do require re-established credit and a preferred minimum 650 FICO score. Our stated investor requirements can be flexible as we are aggressively pricing each real estate transactions across the United States.
Obviously, stated income loans can be very useful for the investors and professional real estate operators looking to capitalize on today’s low rates and rising market valuations. Many loan programs such as Fannie Mae (FNMA),Freddie Mac (FMCC), many local and big banks are VERY tight with lending on residential rental income investment property and don’t be surprised if they ask you to sign away your first born too for added security.
With all of the new Dodd Frank regulations, there are many banks that have exited the market and many more investor and property owners who are not able to qualify for a traditional bank loans and have a true need to refinance existing debt or purchase a residential portfolio of real estate properties.
Realize your opportunity to take advantage of a currently fast paced residential rental real estate market, increasing property values, and competitive interest rates.