Program Details
Loan Features
- Loan Amounts: $250k to $100M
- Eligible Property Types: SFR | Condo | Multi-Family
- Loan Terms: 30-year Fixed | Interest-Only & ARM
- Purchase/Rate & Term Refinance Maximum LTV: Up to 80%
- Cash-Out Refinance Maximum LTV: Up to 75%
- Low or No prepayment penalty
- Minimum DSCR: 1.0
- Minimum FICO: 660
Requirements
- Minimum 660 credit score
- Common sense underwriting
- Appraisal not always required
- Title & property insurance
- Adequate cash reserves
- Planned exit strategy
Success Story
Thompson Investment Group
We consolidated 8 rental properties worth $2.8M into a single portfolio loan of $2.1M at 7.5%. This reduced our monthly payments by $8,500 and freed up $700K in equity for new acquisitions. Our portfolio now generates $110,000 in annual cash flow.
Frequently Asked Questions
How many properties do I need for portfolio financing?
We require a minimum of 4 rental properties to qualify for portfolio financing, with a combined value of at least $500,000.
Can I include properties with existing mortgages?
Yes, we can refinance properties with existing mortgages as part of the portfolio loan consolidation.
What are the benefits of portfolio financing?
Portfolio financing offers simplified management, better terms, cash-out options, and easier qualification compared to individual property loans.
How is the loan amount determined?
Loan amounts are based on the total portfolio value, cash flow, and debt service coverage ratio across all properties.
Can I add new properties to my portfolio loan?
Yes, we offer portfolio expansion options to add new properties to your existing portfolio financing structure.