SFR Portfolio Permanent Loan Parameters
- Loan size of $500,000- $15,000,000
- 5, 7, and 10-year Fixed Loans
- Up to 75% LTV
- Purchase, Rate/Term Refinance, Cash Out Refinance
- Amortizing and Interest Only options
- Minimum of 3 properties
- SFR, 2-4 unit properties, warrantable condos, single family detached, townhomes, PUD, 5-20 unit multifamily, modular homes, and leaseholds
- Sponsor(s) must demonstrate a combined net worth of at least 25% of the loan amount.
- Foreign nationals are considered
- Properties must be at least 90% occupied by the note date
- Any properties not leased must be in lease-ready condition
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