Call Us: 1800-960-2745

E-mail: info@serrano-capital.com

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LONG-TERM RENTAL LOAN

A loan program intended for new and experienced real estate investors seeking long-term rental financing nationwide.

Benefits for Borrowers

QUALIFICATION

680 Minimum FICO Score
6 Months of Cash Reserves
No Derogatory Public Records in the Past 2 Years

MAX LEVERAGE

Purchase: Up to 80% of As-Is Value or
Up to 80% of Loan-to-Cost
Refinance: Up to 80% of As-Is Value
Cash-Out: Up to 75% of As-Is Value

LOAN TERMS

$100,000 Minimum Property Value
30 Year Loan Term
Amortization Options Available
0 to 5 Year Prepayment Options Available
No Termination Fee

ELIGIBLE PROPERTIES

1-4 Family Real Estate
Condos
Townhomes
Planned Unit Developments (PUD)

REQUIRED DOCUMENTATION

Loan Application
1 Month of Bank Statements
Corporate Documents

PRICING

$55,000 Minimum Loan Amount
$1,500,000 Maximum Loan Amount

FEES

$25 Credit Check
Cost of an Appraisal
Points at Closing
$995 Legal Fee at Closing

Quick Close

Close in 2 to 3 weeks or in as little as 10 days on repeat business.

Easy

Low documentation and simple application process.

Transparent

All fees and payments clearly disclosed.

Aditional Information

At Serrano Capital, we strongly emphasize the significance of being a dependable member of our clients’ teams and assisting them in reaching their objectives.

Helpful Links

Quick Links

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