Appealing Rental Property Loans
Rental Property Loans for purchases, refinancing, or cash out refinancing are one of BD Capital’s most sought-after products. Many clients move from a short-term BD Capital construction loan to a long-term rental loan in seamless fashion. BD Capital provides the right product for each transaction with an array of rental property loan options.
Rental Property - Program Details
- Purchase, Refinance, and Cash Out Refinance on Residential Rental Properties & Portfolios
- Includes Single Family, Multi-Family, Condos and Townhomes
| Experience Level | Credit Score | Interest Rate | Points | Reimbursement Rate on Construction Costs | Loan % to Cost | Loan % to After Rehab Value | Loan % to Current Value | Pre-Payment Penalty | Cross Collateral / Blanket Loans | Loan Size | Loan Terms | Extension Available |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Any | 600 | Contact Us | 2% | N/A | N/A | N/A | Contact Us | Yes | Yes | $100k+ | 30 Year Amortization & 5, 7, 10 Year Interest Only | No |
| Experience | Credit Score Minimum | Interest Rate | Points | Advance Rate On Purchase | Advance Rate On Rehab | ARV | Property Types | Pre-Pay Penalty | Extensions | Blanket Loans | Loan Size | Loan Terms |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Any | 660 | 10%-12% | 0 - 2% | Up to 80% | 100% | Up to 70% | Single Family, Multi Family, Mixed Use | No | Available | Yes | $75K - $2.5M | 12 Months |
Asset & Size Variety
The Rental Property Loan product is available for traditional long-term leased properties as well as short-term rental assets. A single property or a portfolio of rentals are eligible.
Loan Term Diversity
A full suite of rental lending products meets each unique borrower’s needs including 30-year fixed and 5, 7, and 10-year interest-only loans.
Local Lending
Local lending experts take an advisor-first approach that creates lasting relationships with our borrowers – 85% repeat business.
Dedicated Team
With a dedicated team in place just for the Rental Property Loan product, the term sheet and closing process is smooth and transparent.
