Loan For Rental Properties

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RENTAL LOANS


RENTAL ESTATE INVESTMENT LOANS

RENTAL BUY & HOLD LOANS


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Rental Loans For Your Buy Rehab & Rent Investment Real Estate

Rental loans for real estate investors come in all shapes and sizes. These loans provide funding for buy and hold investors that want to start or expand their rental investment portfolio. Our loans are written to match your specific project and can be structured with 30 or 40 year amortizing, ARM, or interest-only options.

What is the best scenario for a Rental Loans For  Investment Real Estate

1. You are purchasing a home that does not need any renovations.
2. When you are looking for a loan to payoff a fix and flip or bridge loan that was used to renovate the property.
3. When the property is leased up and stabilized or generating income.
4. When you are looking for a long term solution for a rental property
5. When you are looking for cash out to purchase additional investment real estate.5. 

Benefits of a Rental Loan from CambridgeHomeLoan

    • Quick Closing in 10-14 Days
    • Low Rates Based on FICO and leverage
    • Interest-Only Options
    • High Leverage (up to 80%)
    • No Income Documentation

    How Do I Know If I’m Approved!
    If you total the Monthly Principal, Interest, Taxes, & Insurance and it is less than the Gross Monthly Rental Income than you are approved!

    • Loan Amounts

      From $100,000 to $50 Million

    • Term

      30,40 year amortization with a 30 year, 10 or 5 year term. Principal and Interest or Interest only programs available

    • Max LTV

      80%

    • Closing Time

      10-14 Days

    • FICO

      From FICO 580

    • Interest Rate

      Based on LTV and FICO

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    ELIGIBLE PROPERTIES FOR RENTAL LOAN INVESTMENT PROGRAM

    Single Family

    A Single Family property is classified as a one to four-unit dwelling including duplex’s, triplex’s, and quadplex’s. Additionally, condominium and townhomes also qualify.  The rental loan program will lend to real estate investors looking to purchase, refinance buy and rent or fix and flip /fix to rent properties starting at $75,000.00.

    Multi-Family

    Multi-family housing is a residential property where multiple units of 5 or more units exist within 1 or multiple buildings within a community. We will lend to investors and entities on multifamily properties starting at $250,000. We can also lend on Value add multifamily properties where renovations are required under our value add loan program.

    What Documents Are Required For Rental Loan Program

    • Property Documents

    * Purchase Contract
    * Payoff Statement (If Refinance)
    * Evidence of Taxes and Insurance
    * Rental Lease

    • Business Documents

    * Formation Documents
    * Certificate of Good Standing
    * EIN
    * Operating Agreement

    • Personal Documents

    * Loan Application
    * Schedule of real estate owned (Experience)
    * Drivers License of Passport
    * Two most recent bank statements

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    • Single Family Rental Loans

    • Loans from 75k
    • 3, 5, 10, 30, 40 year loan options
    • Up to 80% Cash Out
    • Up to 80% on purchase and rate /term refi.
    • Flexible term and interest rate options.
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    • Portfolio Loans

    • No maximum loan amount
    • Loans from 75k
    • 5, 10, 30 year loan options
    • Up to 80% Cash Out
    • Up to 80% on purchase and rate /term refi.
    • Fixed rate, ARMs, fully amortizing, interest only, or balloons
    • Non Recourse Available
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    • Short Term Rental Loans

    • Up to 75% LTV on purchases
    • Up to 70% LTV for cash-out refinance
    • 5, 10, 30 year loan options
    • Multiple structure options available, to fit your unique investment strategy
    • Fixed rate, ARMs, fully amortizing, interest only, or balloons
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    • Ground Up Construction Loan & P.U.D.s

    • Up to 24 months
    • Fast Closings
    • Spec Development Allowed
    • P/U.D.s up to 1500 homes
    • Interest Reserves can be built in.
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    Multifamily Loans

    Multi-Family Loans - Click Here!

    Fix and Flip Bridge Loans

    FIX AND FLIP BRIDGE LOANS


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