30yr Mortgage for Rental Properties
✅ $50k – $5M Loan Amount
✅ Up to 80% of Purchase
✅ Up to 75% of LTV on Refinance Cash Out
✅ Low Doc 30-year fixed rate, amortized 30 years
✅ Starting at 5.99% APR
✅ 650 Minimum Credit Score
✅ Close in 10 – 14 days
We offer a low doc mortgage for a 30-year fixed rate, amortized over 30 years. Our low doc asset-based mortgage is used for non-owner occupied residential or commercial rental properties. We lend up to 80% of the purchase price and up to 75% LTV (As-Is Value) on refinance cash out. We lend up to 80% LTV on a rate and term (no cash out). Rates start at 6.75% APR. Final rate depends on desired buy down and credit score. 650 is the minimum credit score (cosigner allowed). No W2, no tax returns, no paystubs, and no DTI required. Advantageous for borrowers who are self-employed, do not have a strong W2, and need to close quickly. Non-recourse available for portfolio loans. We also accept Airbnb rental properties.
Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.