Rental Portfolio Loan Program
Designed for experienced property investors, this program offers competitive loan-to-value options, flexible terms, and a variety of amortization paths to suit diverse investment profiles. Whether you're looking to acquire new properties or refinance existing ones, our comprehensive financing solutions are tailored to optimize your portfolio's performance and scalability.
Benefits Of A Rental Portfolio Loan
High Leverage Financing
Leverage your investments with LTVs as high as 80%, allowing you to expand your portfolio while optimizing your capital outlay.
Specialized Financing for 1-4 Units
Target multi-unit residential properties with confidence, supported by our expert underwriting and tailored financing options that cater specifically to this market segment.
Customized Solutions for Every Portfolio
With a range of ARM and FRM options, our program adapts to your financial strategy, supporting both short-term gains and long-term stability.
Rental Portfolio Loan Overview
Our Rental Portfolio Loan Program is structured to support your growth ambitions in the real estate market. Here's how we set you up for success:
●Diverse Amortization and Loan Products: Choose from adjustable-rate mortgages (ARMs) and fixed-rate mortgages (FRMs), with options that include interest-only periods to enhance cash flow management during critical growth phases.
● Strategic LTV and LTC Options: Benefit from up to 80% loan-to-value for purchases and rate-term refinances, and tailored loan-to-cost ratios for cash-out refinancing, designed to maximize your investment leverage.
● Tailored Terms for Experienced Investors: Our program is crafted for those with a proven track record, offering terms that acknowledge your expertise and investment history.
We Lend Nationwide
Town Square Financial proudly extends its services to 44 states across the United States, all from our home base in San Antonio, TX. This expansive coverage ensures that whether you're flipping houses in California, refurbishing townhomes in New York, or expanding a rental portfolio in Florida, our financial solutions are accessible and tailored to meet diverse market conditions. Our San Antonio roots enrich our national presence, blending deep local expertise with a broad understanding of national real estate trends, ensuring you receive knowledgeable support no matter where your investments take you.
FAQ
What are the credit requirements for the Rental Portfolio Loan Program?
Applicants need a minimum FICO score of 680 to qualify, ensuring competitive terms for borrowers with strong credit histories.
Are there specific property types that are ineligible for financing under this program?
Yes, the program excludes properties such as vacation rentals, commercial properties, and unique properties like log homes or those with certain types of leases.
Can non-permanent residents apply for a loan under this program?
Non-permanent residents and foreign nationals can apply but are subject to a maximum LTV of 65% and additional reserve requirements.
What are the reserve requirements for these loans?
Borrowers must have reserves covering at least 3 months of PITI at closing, with additional requirements based on the loan amount and borrower's nationality.