Smarter Portfolio Rental
Loans With EasyLend!
We offer portfolio rental loans for real estate investors who are looking to refinance, purchase or take cash out of rental properties. EasyLend portfolio rental program are tailored towards investors looking to grow their portfolio of single-family rental properties, 1-2 family townhomes, or 3-4 family warrantable condos.
Let us help you create more profit and fund your growth. We work with multiple lenders to provide loans for all types of real estate scenarios. Apply online or call to speak with one of our portfolio rental loan expert today.
How Does Our Portfolio Rental Loans Work
Ready to Start Now?
Getting approved for your next portfolio rental loan is right around the corner. Give us a call or apply online to get the ball rolling. We make it EASY to get funded.
Portfolio Rental Loan FAQs:
What kind of properties can I finance?
5- to 20-unit multi-family properties, single-family detached residences, 2- to 4-unit residences, condos and townhouses.
May I live in one of the properties?
No. Neither the borrowers nor members of their family can live in the properties that are financed.
Can I hold the properties in a trust or LLC?
Portfolio buyers must close in an LLC.
Will you lend to foreign nationals?
Yes. All of our lenders have loan programs for foreign nationals.
Is an appraisal required?
Yes an appraisal is required on all portfolio loans.
Does my rental property have to be leased before closing?
Not necessarily, it is possible to use the figures contained on the rent schedule, which is part of the appraisal.
What type of documentation is required for a portfolio loan?
- Bank Statement
- Business Entity Information
- Driver’s License
- A schedule of Real Estate Owned
*Other documents may be required.
Is there a prepayment penalty?
It depends on the type of loan program you are taken.
What is Debt Service Coverage Ratio?
This is a calculation to determine if the income collected through the monthly rental payments is sufficient to make the loan payments.
The DSCR is calculated by dividing the monthly rent by the monthly principal, interest, property taxes, insurance and association dues, if any (PITIA).
States We Provide Portfolio Rental Loans For: