The smart, easy way to build a rental property and then to hold it as a rental. One loan closing. Great terms. Great rates. Consistent service - we fund and hold our loans on balance sheet. (Want a loan for an existing rental property? Explore existing rental property loans).

SIZE
Loan Size
$100,000 - $650,000, call for larger loans
Loan-to-Cost 75% subject to qualifications
STRUCTURE

Term 

5 Years or 10 years

Build Phase

1 year for construction
Recourse Full
Payment

Year 1: Interest only with interest reserve

Years 2 and later: 30 year amortization or interest only available on 5 year

COSTS
Origination Fee 2%
Interest Rate  6.50% for 5 year, 6.99% for 10 year
Other Third-party costs, $500 closing fee