BANRATE LOANS FOR SEASONED INVESTORS
SINGLE FAMILY OR MULTI FAMILY PROPERTIES
New construction LOANS
UP TO 85% Loan To Cost
Closing Costs & Interest Payments Rolled In
Rates Starting At: 5.49% Interest Only
Origination Starting @ 2.00%
6 - 24 Month w/ No Prepay Penalty
Close in as little as 21 Days
Minimum FICO: 620
Loan Amounts: $100,000 - $2,500,000
Foreign Nationals OK!
Experience Required: > 3 Previous Deals
rental property LOANS
80% of Property Cost + 100% of Finance Cost
REFINANCE: UP TO 75% LTV
No Reserves Required
Rates: 5.50% - 7.75% (Leverage & Credit Driven)
Origination: > 2.00%+
5/2 or 10/2 ARM’s
Close in as little as 21 Days
620 Minimum Credit Score Required
Interest Only Available on 5/2 ARM
Recourse & Non Recourse Loans Available
OUR LENDING FOOTPRINT IS NATIONWIDE!
CA, OR, NV, AZ, ND, SD, VT, RI, AK, HI - CASE BY CASE BASIS