Real Estate Investment Loans
Expand your portfolio with your property’s expected cash flow. No Tax Returns. No personal income verification.
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Our Program Highlights
Perfect for investors looking for flexible financing options to grow their rental property portfolio.
- Loan Amounts: $200K and up with no limit
- Geography: Nationwide in ALL 50 States
- Property Types: Residential, Short-Term Rental / Vacation Rental, Mixed Use (commercial/residential, up to 3 commercial units)
- Occupancy: Long-Term or Short-Term Rentals, Vacancy OK (on Acquisitions), no operating history required on STRs
- Loan Structure: 30-Year Fixed Rate Mortgage Loans, 5-Year Prepayment Penalties, Partial IO (10-Years) Available, Entities (i.e. LLCs) and partners welcomed
- LTVs: Up to 90% (Acquisitions/Rate-Term Refi), up to 80% (Cash-Out)
- DTI: Not Applicable (We don’t require tax returns or evaluate your personal income or finances when evaluating your application)
- Credit Score: 620+
- DSCR: 80 LTV = 1.00 – below 75 LTV = no DSCR cap
Do You Qualify for this Loan?
Here is what you need in order to qualify for this product. Even if you don’t meet all of these criteria, don’t hesitate to reach out to see how we can help.
You’ll need a 620 score or better to qualify, with flexibility for strong financials.
Down payments start at 10%, depending on credit and loan amount.
You’ll need around 2-5% of the amount you’re financing for closing costs.
We qualify you based on the property’s income, so personal debt-to-income (DTI) isn’t a factor.
Frequently Asked
Questions
Answers to questions about this loan we heard
from people like you during research.
A real estate investment loan is a type of loan that is used to purchase a property for the purpose of earning income through rental or other forms of real estate investment. The loan is secured by the property being purchased, and the terms of the loan are based on the projected income that will be generated by the property.
Modern Day Lending specializes in helping real estate investors get the funding they need to grow their portfolio.
For a traditional refinance loan, here is what you will need to provide:
- Proof of Assets
- Proof of Credits
- Driver's License
Yes! Debt-Service Coverage Ratio (DSCR) loans allow investors to qualify based on rental income instead of personal income. A DSCR of 1.0 or higher is typically required.
Portfolio loans allow investors to finance multiple properties under one loan, making it easier to manage payments and leverage equity across their portfolio.
We have access to programs that allow you to qualify with as little as 10% down.
All 50 States, Covered.
Our loan officers are licensed in all 50 states, so no matter where you are - we have you covered.
See Our Recent Fundings
We’ve helped hundreds of clients get the funding they need to purchase their next property. You could be next.
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