Spartan Commercial Mortgage offers commercial mortgage solutions to real estate investors. The programs we offer are ideal for fix and flip loans, fix and hold loans, turnkey properties, as well as unique properties. Although the program below is for 1-4 units (residential), we also offer financing for commercial buildings, Mixed Use, apartment complexes, and more.
Overview of the Rental Property Loan Program
- 1-4 Units
- 100K – 5MM loan size
- 30 year fixed options available
- 75% LTV on a Refinance and up to 80% on a Purchase
- 650 min credit score
- Leases are used to underwrite the monthly income.
- Purchase/Refi/Cash Out all ok
- Stated Income or Conventional
- Closings can occur in under 30 days.
- Our rental property loan program must be done in a LLC or Corp
- Even though rates are on the rise – our rates are still competitive!
We offer a free consultation and will work with you every step of the way to get your loan closed. Call us at the number below or click here for our online inquiry. We specialize in 1-4 unit rental property loans and are waiting for your call.
Thanks,
Michael Meyer
President Spartan Commercial Mortgage Services
mike@spartancommercialmortgage.com
(860) 876-0572