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single property rental loans

Our Single Property Rental Loan enables investors to purchase a new property to expand their rental portfolio. Investors use this Debt Service Coverage Ratio (DSCR) loan to refinance a property for a better rate or take cash out to access equity.

key facts about our single property rental loan

  • DSCR Loan with NO W-2’s, Paystubs, or Tax Returns Required

  • Minimum 660 FICO

  • SFR, Townhomes, PUD, 2-4 Units and Warrantable Condos

  • Foreign Nationals Eligible

Single family rental property financing from alliance

single property rental loans general criteria

  • Minimum Loan Amount: $75,000

  • Maximum Loan Amount: $2,000,000

  • Property Types: SFR, 2-4 Units, Warrantable Condos, Townhomes, PUD

  • Term Length: 30-year Fixed Rate Mortgage (fully Amortizing); 5/6, 7/6, 10/6 Hybrid ARMs (Partial IO or Fully Amortizing)

  • Maximum LTC: If owned < 3 Months, 80% of Total Costs Basis

  • Maximum Loan to ARV: Up to 80% on Purchases and Rate & Term. Up to 75% on Cash-Out

  • Experience: Not Required

  • FICO: 660 Minimum

  • Recourse: Full Recourse Only

  • Lease Requirements: Leased Units – Lower of (i) In-Place Rent & (ii) Market Rent, Unleased Units – 90% of Market Rent (Purchase Loans Only)

Important Disclosures and Information

All loan programs are subject to credit approval and loan amounts are subject to creditworthiness. Other underwriting standards and restrictions may apply. Alliance Business Capital is committed to the protection of personal information we collect and process. For more information about how we protect your privacy, please visit https://www.sbcapitalsource.com/privacy.

We do not currently offer Residential Investment Loans in the following States: AZ, CA, ID, MN, ND, NV, OR, SD UT, VT

Residential Investment Property Loans