30 Year Fixed Rental Loan - Close in personal name or LLC
Hey Everyone,
My name is Cory J. Anderson. I am a loan officer for a Hard Money Lender New Jersey. First Equity's main focus and primary source of business has always been lending on fix & flip type projects. As markets change and businesses adapt, First Equity recognized the opportunity in lending on rentals as well. We have had a 2-year, interest only, rental product for quite some time now but have recently added a 30 year fixed loan program:
- Rates start at 7%
- No Doc, No DTI
- Close in an LLC or personal name
- Up to 75% LTV for both purchases & refinances
- Minimum 650 credit score
P.S. --- Even if you only have a few basic questions on creative financing and how it works, I'd be glad to be of service anyway I can. Thanks!
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Lender
- First Equity Funding
Offering