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How does the 30 year Rent loan work?
How does the 30 year Rent loan work?

Learn more about the fixed rate low interest product for rental properties

Ben avatar
Written by Ben
Updated over 3 months ago

This product is a good fit for residential properties with 1-4 units, which you intend to use as an investment property for rental income. No rehab budget is available with this loan. Purchase, refi and cash out refi is available.

Loan amounts: $150,000 to $3,000,000
Type of collateral: 1-8 units
LTV: up to 80%

Minimum DSCR: none

Short term rental: yes

Minimum FICO: 660

Cash out refi: available
Term: 360 months fixed rate
Expected turnaround time: instant approval, instant proof of funds, 14-21 day close

Rates and other details can be found on the Rent product page.

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