Our Long Term Rental loan program lets investors lock in low 5, 7, 10 or 30 yr fixed rates with optional Interest Only periods for their residential portfolio properties. Whether its a purchase, cash-out or rate & term refinance, our rental program’s long terms and fixed rates means property owners can worry less about refinancing and more about growing their business.
Find out how our Long Term Rental loan program can help you access the value in your residential property portfolio.
Long Term Rental Loan Terms*
| Interest Rate | Origination Fee | Loan Term | Rate Term | Pre-Payment Penalty | Amortization Period | Max Loan to Purchase | Max Loan to Value | Minimum Credit Score | Minimum DSCR Required |
|---|---|---|---|---|---|---|---|---|---|
| 6.0%+ | 1 - 3% | 30 Years | 5/1, 7/1, 10/1 ARM or 30 Year Fixed | Yes | 30 Years w/ Option of 5-10 Year Interest Only Period (IO) | Up to 80% | Rate & Term Refi: Up to 80% Cash Out Refi: Up to 75% | 680 | 1.20x |
Loan Criteria
| Property Management | Property Type | Lending Areas | Loan Size | Lien Position | Borrower Entity Type | Recourse |
|---|---|---|---|---|---|---|
| Self -Managed Properties Allowed | Non-Owner Occupied Investment Properties: Single Family Residential (SFR) and 2-4 Family Residential, 5+ Unit Multifamily | NY, NJ, CT, PA, FL, TX | $150k - $25M | First | LLC, Corporation, Partnership, Trust | Non-Recourse Options Available |
Our commitment
Speed
We can give you a preliminary decision right away and can close loans in as quickly as 10 business days.
FLEXIBILITY
We have multiple loan programs to meet your borrowing needs or we can customize loan terms for deals that make sense for you.
TRANSPARENCY
HSC has a clear and straightforward loan process so you know where your loan stands at all times.
DEPENDABILITY
We are committed to providing you reliable financing so you can count on us to be there when you need us.