Private Money Rental Portfolio and Single Property Loans
Money Source of America has Direct Access to private money lending sources for Rental portfolios. 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. They can make their 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 and one application is viewed by multiple private money investors and lending sources.
Now Introducing Our Flagship Permanent Rental 30 Program
- Terms 30 year Fixed, 5/1 and 10/1 available
- Interest Only Available
- Up to 80% LTV
- Property Types 1-4 Unit SFR, Town homes, and Condos
- Loan Minimum 75,000 Maximum 2,000,000
- Rates as Low as 5.25% Buy downs available
- No Income docs Required
- Purchase, Rate/Term, Cash-Out
- No Ownership Seasoning
- Go off Full Appraisal Value
- Can Utilize Current Appraisal
- Scores Minimum 600
- DSCR as low as 1.0
- NON- Warrantable Condo
- Pre Penalty 3 Years
Are you looking for a way to access equity, purchase a new property or refinance a property you own? Money Source of America has access to private lenders and investors to help fund rental portfolios and single 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 contact us for your rental and single asset loan needs.
Our experience and network of private money lending sources means we can provide you with better terms, rates, lower cost and a greater chance at being approved. Because we have a private network, our decisions are not tied to any matrix like other larger financial investors so you can trust that if you have a sound plan and their experienced necessary, we can assist you get started with funding your portfolio as soon as possible. You can use our rentals to unlock equity purchase something new or even refinance.
Rental portfolio loans have a 5-10 year term and close in less than 45 days. These loans can be used to fund single family homes, 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 the network of financing to help you get your started too.
If you are focusing on purchasing one rental property at a time, we can still help you with our single asset loans. We can fund loans up to 2 million dollars over a 30 year term that close in 30 days. We have low interest rates and don’t require income documentation. We are here to help get you started in Florida or New York whether it be town home or condo, reach out today.
Rental Portfolios 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
- 5 + properties
- Loan Amounts 250,000 to 100 million
- LTV up to 75%
- Single Family,Town homes, Condos, Multi Unit
- Fixed rates Starting at 5.25%
- 5 and 10 year terms
- Interest only options available
- 30 year amortization
- Recourse and Non Recourse Options available
- Cash Out Unlimited
- Income of the properties used for qualifying so no income documentation required
- Close in 30 to 45 days
Single Asset 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
- 1 -4 properties
- Loan Amounts 65,000 to 2 million
- Up to 80 % LTV on Purchase and Refinance Rate/Term
- 75% Cash out
- No Seasoning
- 6 months seasoning to off full appraisal value for Cash-Out
- Fixed Rates starting at 4.99%
- 30 year term
- 5/1 ARM avaiable
- Individuals and Legal Entities
- Single Family. Town homes, Condos, 1-4 units
- Close in 30 days
- Credit scores as low as 620
- No Income documentation income of the rental properties used for qualifying
- Give us a call or submit you rental deal today. Your Real Estate Investor funding partner the Money Source of America.
We recently closed this 4.2 million 42 property in North Carolina 5.75% Non Recourse