Now Offering DSCR Loans for Rural Properties!
Great News For Our Investors!
We are thrilled to announce an update that will add value to our clients: We NOW provide DSCR Loans for Rural Properties! This is a game-changer for real estate investors looking to expand their portfolios in unique, off-the-beaten-path properties that were previously challenging to finance.
Why Rural Properties
Rural properties offer a range of benefits that can make them an attractive option for savvy investors:
- Lower Purchase Prices: Rural properties are often more affordable than their urban counterparts, allowing you to stretch your investment dollars further.
- High Rental Demand: Many rural areas are experiencing increased demand for rental properties, especially those offering tranquility, nature, and outdoor activities.
- Long-Term Appreciation: As urban sprawl continues, rural areas often see strong appreciation over time, providing long-term growth potential.
- Vacation Rentals: Rural properties can make ideal vacation rentals, attracting tourists seeking a peaceful retreat away from the hustle and bustle of the city.
How Our DSCR Loans Work for Rural Properties:
Our DSCR Loans are now designed to make financing rural properties simple and efficient. Below are some key guidelines:
LTV: Max LTV is 75% on rural properties.
ACREAGE: Up to 5 acres allowed, including road frontage.
SHORT TERM RENTALS: We can use the short-term rental market rates instead of traditional market rates.
PROPERTY TYPE: Single Family and condos only.
LOW MINIMUM CREDIT REQUIREMENT: FICO allowed down to 660.
FOREIGN NATIONALS: Foreign nationals are welcome. Max 70% LTV
UNOCCUPIED REFINANCE ALLOWED: No Tenant, No Problem.
COMPARABLES: Need at least 2 comps within 5 miles of the subject property.
COMPETITIVE RATES: Starting at 6.5%
Ready to Explore Rural Investments?
Whether you’re looking to invest in a charming farmhouse, a peaceful cabin, or a large piece of land, our DSCR Loans for rural properties are here to help you make it happen. With our flexible and investor-friendly financing options, you can now seize opportunities in rural markets with confidence.
Contact Us Today to discuss how our DSCR loans can be the perfect solution for financing your next rural property investment. Our team is eager to assist you in achieving your investment goals!