Rental Loans

Rental Loans

Braswell Capital Solutions also offers loan products designed exclusively for landlords. With rates as low as 6.50% and LTVs up to 75%, these loans are perfect for long term rentals. Check out our various loan products and associated rates/guidelines below.

*Rates are calculated based on your credit score, the Loan-to-Value (LTV), and Debt Service Coverage Ratio (DSCR). DSCR is calculated as (Gross Monthly Rent / Monthly PITIA) (Principal+interest+taxes+insurance+association dues).

Highlights

  • Cash out refinance after 30 days based on new property value, no need to wait 1 year
  • No cap on number of financed properties
  • Loans are in name of business
  • Loans are not reported to credit agencies
  • No paystubs, W-2s, or tax returns needed
  • Up to 75% LTV

 

 

30 YEAR FIXED

Blanket Loan

  • 30 Year-Fixed Rate/amortization
  • Non US citizenship Ok
  • Up to 75% LTV
  • Unlimited Cash Out
  • $300,000 + Loan Size
  • Rates starting at 6.5%
  • Min 3 properties
  • 620 min FICO

5/30 – 10/30

Blanket Loan

  • $75,000+ Loan Size
  • Non-US citizenship OK
  • Up to 75% LTV
  • Unlimited cash out
  • 5 – 10 year fixed rates
  • Min 3 properties
  • Rates starting at 6.5%
  • 620 min FICO

SINGLE

Property Loan

  • 7/1 ARM and 30 Year-Fixed
  • Sell property at any time
  • Non-US citizenship Ok
  • Up to 75% LTV
  • Unlimited Cash Out
  • $45,000 + Loan Size
  • Rates starting at 6.5%
  • 650 min FICO

NO DSCR

Ratio Program

  • Vacation Rentals
  • Short Term Rentals
  • High End Residential
  • No W-2s Required
  • No tax returns Necessary
  • 5 - 7- 30 year fixed rates
  • 650 min FICO
  • Up to 75% LTV

Required docs:

  • Completed loan application
  • 2 forms of ID
  • Recent 2 months bank statements
  • Insurance policy contact info
  • Copy of voided check
  • Business entity docs and IRS EIN letter

 

 

Our goal is to deliver quality service – in every possible manner.

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