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Updated over 4 years ago,

User Stats

39
Posts
4
Votes
Benny Anand
  • Lender
  • Philadelphia, PA
4
Votes |
39
Posts

Landlord Loans - FEF

Benny Anand
  • Lender
  • Philadelphia, PA
Posted

Greetings BP Colleagues.  I am a loan officer for First Equity Funding.

www.firstequityfundingllc.com

Take a look at our terms on rental loans, and please let me know if I can be of assistance.

Rates as low as 5.50%

First Equity Funding offers "no doc" rental loans for investors. Borrowers can fund single properties or portfolios and even keep their property in the name of an LLC!

Property Types

Single Family, 2-4 Units, Condos, Townhomes

Loan Types

Purchase, Refinance, or Cashout Refinance

Experience

None Required

Credit Score

620+

Loan Amount

$75,000 and up

Leverage

Up to 80%+ for purchase or refi, up to 75% cashout

Interest Rate

From 5.5%

Debt Coverage Ratio

0.8 to 1.25x (Negative cashflow okay)

Loan Term

30 Years Fixed

Offering

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