Long-Term Rental Loans
Long term financing for the purchase and refinance of non-owner occupied rental properties.
Norada Real Estate Funding remains committed to your future investments with our Long-Term Rental loan program. This program offers a 30-year term and rates starting at 4.95% to ensure our clients have true long-term financing options.
Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes; Planned Unit Development (PUD)
* 30 Year Fixed
* 5- and 10-Year Interest-Only
* Hybrid ARMS (5/1, 7/1, 10/1)
$50,000 – $2,000,000
Starting at 4.95%
Loan to Value (LTV)
Refinance: Up to 75% of the As-Is Value
Cash-Out: Up to 75% of the As-Is Value
Purchase: Up to 80% of the As-Is Value or Loan-to-Cost
“As Is” Appraised Value must be $75,000 or greater. (Geographical restrictions may apply)
Debt Service Coverage Ratio (DSCR)
Please Note: Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.
Lending Not Offered in The Requested State
Sorry, unfortunately, we do not provide loans in this state.
Owner Occupied Properties
We provide loans for investment properties, and cannot lend to owner occupied properties.
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