Rental loan program
Build Wealth with a Passive Income Using Long-Term Rental Loan from Longleaf
Need long-term financing for long-term or short-term rental cash flow?
Rental loans are the best way to finance your next rental property and start building wealth.
Longleaf Lending offers a solution for investors seeking to build wealth from a portfolio of cash flowing rental properties. With a 30-year fixed rate, you can take advantage of the current market and lock in lower rates for the long term.
How to Qualify for a Rental Loan
For our rental loan program, we do not require an income verification which is a requirement for conventional mortgage financing. What we focus on is the cash flow potential of your project.
Here are the funding guidelines for a rental loan with Longleaf Lending.
|Rental type||Short (vacation rental) or long-term|
|LTV||Up to 80% (as is)|
|Interest Rate||Starting at 7.5%|
|Term||30 year fixed; adjustable options|
|Closing Time||As fast as 2 weeks|
For additional guidelines to qualify, please see below:
- Debt-service coverage ratio (DSCR): not less than 0.9x
- No seasoning requirement if lease is signed
- Appraisal report to confirm value
- Property value: not less than $100,000
- No rural properties
- Cash-out requires 6 months seasoning
To apply for a loan, simply click the button below and follow the instructions. The application process is fast and easy — it doesn’t take more than a minute!
What is a Rental Loan?
A Rental Loan is long-term financing provided to real estate investors by Private Lenders or hard money lenders.
Loans are made to investors building a portfolio of single-family investment properties.
Our product, the most common, is a fully amortizing 30-year fixed. It’s a great time to lock in low interest rates.
Why Should You Choose Longleaf Lending as your Fix & Flip Lender?
If you are looking for a go-to private lender to finance your rental property, consider Longleaf Lending as your long-term partner.
We let our track record with our former and existing clients speak for itself.
Rental Loan vs. Conventional Mortgage
Rental loans are fast becoming a competitive alternative to traditional mortgages due to its faster funding and fewer borrower requirements.
Here are some other differences between the two:
Ready to get started?
If you are not yet ready to apply for a rental loan, you may opt to subscribe to our newsletter to get updates on the latest news from Longleaf Lending. You may also visit the following links for more research and background information on rental properties: