Rates & Terms
Rates starting at 6.00%
Loans from $75K – $4M (up to $10M on exception)
Eligible Property Types: SFR / Multi-Family / Condo / Commercial
Purchase / Rate-Term Refinance: up to 85% LTV
Cash-out Refinance: up to 80% LTV
Loan Terms: 30-year Fixed | Interest-only & ARM
Minimum FICO: 620
No minimum DSCR | No seasoning required
Program Details
Loan Features
- Rates starting at 6.00%
- Loans from $75K – $4M (up to $10M on exception)
- Eligible Property Types: SFR / Multi-Family / Condo / Commercial
- Purchase / Rate-Term Refinance: up to 85% LTV
- Cash-out Refinance: up to 80% LTV
- Loan Terms: 30-year Fixed | Interest-only & ARM
- Minimum FICO: 620
- No minimum DSCR | No seasoning required
Requirements
- Minimum 620 credit score
- No minimum DSCR requirement
- No experience required
- Property valuation
- Title and property insurance
- Adequate cash reserves
- Exit strategy documentation
Success Story
David Chen
I purchased a 2-bedroom rental property for $285,000 with a $228,000 loan at 6.25%. The property generates $2,200/month in rent, providing $800/month in positive cash flow after all expenses. The team at Key made the process simple and kept their word from start to finish.
Frequently Asked Questions
What types of properties qualify for single rental loans?
We finance single-family homes, townhouses, condos, and small multi-family properties (2-4 units) that are suitable for rental use.
How is the loan amount determined?
Loan amounts are based on the property's value, rental income potential, and your debt service coverage ratio (DSCR).
Can I use this loan for properties I already own?
Yes, we offer cash-out refinancing for existing rental properties to access equity for new investments.
What is the minimum down payment required?
Down payments typically range from 20-25% depending on the property type and your financial profile.
How long does the application process take?
Our streamlined process typically takes 2-3 weeks from application to closing, depending on documentation completeness.
Why Choose Single Property Rental Loans?
Build Wealth Gradually
Start small and scale your rental portfolio over time with manageable financing.
Predictable Cash Flow
Generate steady monthly income from quality rental properties in strong markets.
Tax Benefits
Take advantage of depreciation, interest deductions, and other tax advantages.
Long-term Appreciation
Benefit from property appreciation while tenants pay down your mortgage.
Property Types We Finance
Single-Family Homes
- • Traditional single-family residences
- • Townhouses and row houses
- • Detached homes with yards
- • Properties in established neighborhoods
Small Multi-Family
- • Duplexes and triplexes
- • Fourplex properties
- • Small apartment buildings
- • Mixed-use properties