Long Term Rental Loan
Host Financial’s asset-based long term rental program is tailored for the investor that wants to scale their real estate portfolio without worries of being tied down by their Debt-to-Income Ratio. We take an asset-based approach to qualify your loan by looking at the lease or potential market rent of the property instead of your personal income. No W2s, tax returns, or personal income verification means fewer documents for underwriting which results in faster closings. These simple and easy qualifications reduce the barriers to purchase and allows you to scale into multiple properties quickly.
Lending to Individuals, LLCs, Trusts, and Corporations.
To get quoted know your:
- Market rental rate or tenant lease amount
- Property Value and Purchase Price
- Average FICO score of all investors involved
$100k to $3.5 Million*
* Larger loan sizes available on a case by case basis
Up to 80% LTV On Purchase
Up to 75% LTV On Rate and Term or Cash-Out Refinances
30 year Amortization Schedule
5/1 ARMs, 7/1 ARMs, 10 Year Interest Only and 30 YR Fixed*
*Interest Only Options Available.
6% to 9%*
* Subject to change day to day based on market volatility
Full Recourse. Personal Guarantee required on all owners with 20%+ ownership.
1.0 or greater depending on loan size and property type
Lending to Individuals, LLCs, Corporations, and Trusts*
* Trusts on case by case basis
Time to Close
30 to 45 days
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