Private Money Portfolio, Single Property and Vacation Short Term Rental Loans
Money Source of America are direct private money lenders for Single Long term and Short term vacation rental properties. Our private investors and portfolio lending firms are direct funding sources who in turn bundle the loans they make to sell as bonds on wall street. What does that mean to you better terms, rates ,lower cost and better chance of approval. We can make our own decisions and not tied to a matrix. Other lenders and Banks sell their loans to our large financial investors.
You can use our Rental Loans to unlock your equity. purchase new properties or refinance the properties you own. We have the real estate investor in mind with bank rates and terms without the hassle.
Our Flagship Residential Permanent Rental 30 Program
- Terms 30 year Fixed, 5/1 and 10/1 available
- Interest Only Available
- Up to 80% LTV
- 75% LTV available on all unleased or vacant properties
- Property Types 1-4 Unit SFR, Town homes, and Condos
- Short Term Vacation Rentals
- Loan Minimum 55,000 Maximum 2,000,000
- Rates as Low as 6.75% Buy downs to 5.25% available
- No Income docs, Asset Reserve Docs Required *
- Purchase, Rate/Term, Cash-Out
- No Ownership Seasoning
- Go off Full Appraisal Value
- DSCR Calculated on Interest Only
- DSCR as low as .75%
- NON- Warrantable Condo
- Min Credit Score 650
- Pre Penalty 1,3, 5 Years available
- Foreign Nationals Allowed
- Portfolio Lending
- 90% CLTV Seller Held Seconds Allowed * Flagship Alt Program
Complete a Loan Proposal Summary Today
Rental DSCR Investor loans have 30 year terms and close in less than 45 days. These loans can be used to fund single family homes, 1-4 units, town homes, condos or multi unit properties. As the industry changes and market values shift, more and more investors are focusing their efforts on building a rental portfolio and we at Money Source of America have access to private money funds to help you get yours started . Flagship Single Asset and Portfolio Rental Loans
- Lending Area Nationwide to include Florida, Georgia, North Carolina, South Carolina, Virginia, New York, new Jersey, California, Colorado, Arizona, Pennsylvania, Michigan, Ohio and in between
Complete a Loan Proposal Summary Today
Vacation Short Term Rental Loans
Vacation Rental Features
- Common sense underwriting of your short-term rents
- Full 30-year term (no balloons) for your peace of mind
- No tax return requirements
- Up to 75% LTV for refinances and 80 % LTV for purchases
- Only 30-day ownership seasoning means you can
grow your portfolio faster
- Simple, haggle-free pricing you can depend on
- Protect your identity and other assets by borrowing in a corporate entity
Loan Structure
- Loan purpose: purchase, rate and term refinance, cash out refinance
- Rate structure 5/1 Arm, 7/1 Arm. 30 yr. Fixed starting 6.785%
- Loan amount 55,000 2,000,000 (higher amounts deal by deal)
- Loan to value ( LTV) 75%
- Minimum property value 100 K
General Requirements
- Property type vacation short-term rentals that are 1 to 4 unit single-family residential, condos, or town homes
- Valuation type- as is appraisal with actual rental value or expected rents for gross rental values.
- Borrower type investor only, LLC’s, corporations, limited partnerships. US citizens, permanent and non permanent resident aliens
We take pride in our ability to make common sense underwriting short-term rentals to help investors across the country grow their vacation rental portfolio. Our vacation loans, like all of our rental investor loan programs are DSCR -Based, meaning we focus on the property, cash flow rather than personal income
If you are looking for a way to access equity, purchase a new property or refinance rental investment property you own. Money Source of America has access to private money funds to help fund rental portfolios, single and short term asset loans. Our unique ability to fund individual rentals as well as help investors build their portfolios based off of our long standing network, is only one of the reasons why you should consider us for your long term and short term vacation rental loan needs. Complete and Loan Proposal Summary today and get an approval and term sheet in 48 hours.
877-243-3432
