Portfolio Rental Loan

Our Portfolio Rental Loan is designed to help rental investors unlock equity and get cash out of their existing rental investments. Consolidate multiple rental property mortgages into a single loan so you can continue to grow your portfolio.*

Key Product Facts

Commercial loan underwritten on property cash flow*
No personal income verification*

No limit to the number of properties that can be financed*
Designed for buy-and-hold investors

INTEREST RATE*	5.50-7.50%
MINIMUM PROPERTY VALUE	$50,000 ($100,000 in certain markets)**
TERM	5 years or 10 years with balloon Option to amortize over 30 years or make interest-only payments
BORROWER TYPE	LLC
MAXIMUM LOAN-TO-VALUE (LTV)	75% for a fully amortized loan 70% for an interest-only loan
MAXIMUM LOAN-TO-COST (LTC) COST IS PURCHASE PRICE AMOUNT.	Time Owned : Constraint ≤ 90 days : 80% LTC > 90 days : Full appraised value
WHEN DO WE USE LTV VS LTC?	Purchase: Use lesser of LTV or LTC calculation Refinance: Use LTC until property has seasoned for 3 months, then use LTV
CASH FLOW REQUIREMENT	Fully Amortized Loan: Debt Service Coverage Ratio (DSCR) of 1.15x Interest-Only Loan: DSCR of 1.20x

About Us

We've been helping customers afford the home of their dreams for many years and we love what we do.

Company NMLS:
www.nmlsconsumeraccess.org

Contact Us

13821 Newport Ave
Tustin, California 92780
Phone: (888) 505-3809
JHurst@taharrkaenterprises.com.

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