Long-Term Rental Loans for Purchase and Refinance of non-owner occupied properties.
Venus Capital is a premier National Lender that helps small investors with Long-Term Rental Loans Program.
You could be eligible to Purchase or Refinance a Property to Hold as a Long Term Rental for 30 year term.
This program offers a 30-year term and rates starting at 4.50% to ensure that our customers have true long-term financing options.
We also have Fix to Rent programs, where you get a bridge loan to get your property with 100% rehab covered and then after 6-12 months lock in great rate for 30 year terms.
Long-Term (30year) Single Family Rental Loan Program Details:
Non-Owner Occupied 1-4 unit Single Family Real Estate, Townhomes
Purchase/ Refinance – LTV upto 80% of As-is value
Cash Out – 80% of As-is value
As-Is value should be 100k or more
Loan Amount – $200k to $2mn
Single Family Minimum FICO 620
Rates starting at 4%
Multi-Family (5+ units) Long Term Program :
Purchase/ Refinance – Upto 80% of As-is value
Cash Out – 80% of As-is value
Loan Amount – $500k to 5mn (min. 50k per door)
MFH Min. FICO – 680+
Rates from 4.5%
- Serving Columbus, Cincinnati , Maryland, North Carolina, Georgia on priority, besides 40 other states nationwide (except CA, Dakotas)
Ask us about our Portfolio Loans, Upto 20 properties can be combined in one loan – $1mn to 50mn, stated income, low docs always!