Updated about 9 years ago on .
30 year term financing for landlords
If you are looking for long term financing for rental SF, that you are maxed out with Fannie Mae loans or that the banks will not loan you anymore, we have a great 30 year amortization loan starting at 5.99% IR and 75%LTV. There is both a fixed rate and a 7 year ARM product.
This is an asset based loan without limitation in number of properties and open to foreign nationals. The underwritting is quick: 3-4 weeks both for cash out refinance and direct purchase transactions. The only real criteria is that it requires a 25% down payment.
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