Some of the biggest advantages of a rental property loan versus a regular home loan are:

• Flexible: Flexible qualifying criteria that do not need to conform to Fannie and Freddie Mac requirements. This allows you to get loans on different property types and sizes, as well as portfolio loans.
• Speed: Faster process, less documentation required. With our loan, no income verification is required.
• Scale: There is a limit to how many regular home loans you can get. With our loan products, you can buy more properties faster when you finance them without a limit on the number of mortgages you have. When you buy a property with only 20% down, that means scaling your real estate portfolio at five times the speed of cash buyers.

Financial Benefits: Even when you take out a loan, you still get all the benefits that come with investment property ownership. You get the tax benefits, the appreciation, and of course income from each property.

It depends. Read our articles to learn more:

• 5 Best Loan Types When Buying a Rental Property
• How to Get Loan for a Rental Property: Everything You Should Know

Generally, higher credit scores allow for larger rental loan amounts and lower rates. Rates can also be lowered by choosing a smaller loan amount relative to the property value (LTV) or “buying down the rate,” which means paying more upfront in exchange for a lower rate. To estimate loan amounts and rates for various scenarios, click here.

For rental loans, the minimum median credit score is 640. For rehab loans, it’s 680 for newbies and 575 for prolific rehabbers. To see whether your credit score qualifies and receive an instant quote, click here.

For rental loans, we offer rates as low as 4%. For rehab/construction loans, we offer rates as low as 6.75%. To see today’s rates for your scenario, click here.

To get started, simply generate an instant quote and request a pre-approval email here.

Typically, we close within 5-10 business days of full file receipt, including an appraisal.