Earn up to 3.56% APY2. No account fees. No minimum balances.
Baselane has hand selected lenders across the country to help best bit your needs.
Baselane has hand selected lenders across the country to help best bit your needs, whether you’re looking for a local expert or a national lender, we’ve got you covered.
Best for investors with sufficient W2 income and credit.
Best for more experienced investors and/or investors with insufficient W2 Income.
AirBnb, VRBO, and all those money-making Short-Term Rentals.
When it comes to your next investment property, you need a trusted financing partner to close the deal. That's why Baselane has hand selected trustworthy and knowledgable lenders who are committed to offering your best products and guidance.
An adaptable team committed to you and your business.
Knowledgeable people dedicated to your success.
Fast, friendly, and reliable every loan, every time.
Committed to transparency and long-term relationships.
We work with buy and hold, fix and flip and short-term rental investors.
For newer investors
Lean on our knowledgeable and responsive loan officers. They'll guide you, ensuring you secure the most fitting and competitive financing options. As you grow and evolve, expect our support, rates, and benefits to adapt with you.
Seasoned professionals
Your dedication hasn't gone unnoticed. We're ready to provide customized solutions and streamlined digital processes designed to help you scale even further.
We're committed to powering your dreams and building wealth together through real estate. We invite you to connect with us.
Our technology is your advantage. Make speed your competitive advantage to win the deal!
Fill out our from and tell us about your upcoming deal. It takes less than 5 minutes.
Complete our mini questionnaire so we can match you with the best lender fit for your needs.
Confirm some basic info about your deal and experience, and get a pre-approval letter.
We’ll do all the heavy lifting to get your deal funded fast.
“The process was easy and straightforward. The team was extremely helpful and communicative about what they needed from me. Kwame and the team were courteous and very responsive. Will definitely work with them on future deals.”
“Phenomenal service. This team was very professional and gracious throughout the process. Service was exceptional and our transaction was quick and smooth. Will work with them again for sure. Highly recommend!”
“The Baselane team was nothing short of amazing! They made the process super easy and 100% professional throughout. It definitely felt like a white glove service and I was able to secure a loan to purchase my new rental property."
A conventional rental property loan is a mortgage specifically designed for real estate investors looking to purchase or refinance a residential rental property. With competitive interest rates and various term options, these loans are popular among seasoned and novice investors. Generally, an individual can get up to 10 such loans in their name.
Not sure which loan option is best for you? Our correspondent lenders can guide you through the entire process and find the best bit financing option for you. Complete our online questionnaire (2 mins) and get matched to one of our hand-picked lending partners.
A hard money loan, also known as a private money loan, is a short-term financing option predominantly issued by private lenders and secured by the property’s value. These loans have terms typically ranging from 3 months up to 5 years. Designed for quick funding of projects like fix-and-flips, they have higher interest rates but unmatched flexibility and speed to close.
Not sure which loan option is best for you? Our correspondent lenders can guide you through the entire process and find the best bit financing option for you. Complete our online questionnaire (2 mins) and get matched to one of our hand-picked lending partners.
An Asset-Backed rental property loan, commonly known as a DSCR (Debt Service Coverage Ratio) loan, is a great option for real estate investors, emphasizing the property’s income potential rather than the borrower’s personal income. Unlike traditional loans, DSCR loans don’t require proof of income. Instead, borrowers can qualify based on the property’s cash flow, offering faster closing times and more flexible funding solutions.
Not sure which loan option is best for you? Our correspondent lenders can guide you through the entire process and find the best bit financing option for you. Complete our online questionnaire (2 mins) and get matched to one of our hand-picked lending partners.
Generally, the loan amount and rates are subject to your personal financial profile, the property valuation and cash flow, your experience level, and your source of capital.
Below is a list of things that can help you get the best rental property loan terms:
Stellar Credit Score: A higher score generally offers better interest rates. Regularly monitor your credit, correct any discrepancies, and pay down outstanding debts.
Sizeable Down Payment: A substantial down payment (usually 20% or more) can secure better terms because it reduces the lender’s risk. It can also help you avoid private mortgage insurance (PMI).
Stable Income and Employment: Lenders want assurance that you can meet your monthly obligations. If you’re self-employed, be prepared with several years of income documentation or apply for a DSCR or Hard Money Loan.
Low Debt-to-Income Ratio (DTI): This ratio indicates how much of your income is tied up in debt payments. A lower DTI can position you for a better loan because it shows you have a handle on your finances.
Experience: Lenders like to see experience in property management or real estate investment. This can sometimes result in better terms, especially for fix and flip loans.
Work with the right lender: Our handpicked lending partners can help you navigate the complexities of the lending world, often securing terms and rates that you might not find on your own. Complete our online questionnaire (2 mins) and get matched to one of our hand-picked lending partners.
For rental loans, the minimum median credit score is 660. For rehab loans, it’s 680. To see whether your credit score qualifies and get pricing, complete our online questionnaire (2 mins) and get matched to one of our hand-picked lending partners.
All rates are subject to change. To see today’s rates for your scenario, complete our online questionnaire (2 mins) and get matched to one of our hand-picked lending partners.
To get started, simply complete our online questionnaire to get matched with one of our correspondent lenders. After completing the form, you will be contacted within one business day. Based on the best loan type for your rental deal, we can provide the required documents. Click here to get started.
Portfolio rental loans (or “term loans”) are structured as commercial loans with portfolios of residential real estate as collateral.
We offer portfolio loans for the following property types:
– Single Family
– 2-4 units
– Condos
– Townhomes
– Small multi-family
(5-50 units)(1)
– Small mixed-use(2)
Terms:
1) Multifamily units above 20 units and require, PCR and ESA; properties with 9-19 units require desktop ESA. 50+ unit properties reviewed on exception basis.
2) Mixed use properties approved on a case by case basis. Commercial tenants to occupy less than 30% of building SF and less than 30% of rent for the building.
3) Information as of December 31, 2023.
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Baselane is a financial technology company and is not a bank. Banking services provided by Thread Bank, Member FDIC. The Baselane Visa Debit Card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions.
1Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions regarding the sweep program. Pass-through insurance coverage is subject to conditions.
4Some states require an interest-bearing escrow account for security deposits while some don’t require interest. User is responsible to check state laws along with rules for collecting and reimbursing a refundable security deposit. A brief overview of security deposit laws for escrow accounts in all 50 states can be found here.
*All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.