Rental Loans


 

Braswell Capital Solutions also offers loan products designed exclusively for landlords. With rates as low as 6.50% and LTVs up to 75%, these loans are perfect for long term rentals. Check out our various loan products and associated rates/guidelines below.

*Rates are calculated based on your credit score, the Loan-to-Value (LTV), and Debt Service Coverage Ratio (DSCR). DSCR is calculated as (Gross Monthly Rent / Monthly PITIA) (Principal+interest+taxes+insurance+association dues).

Highlights

  • Cash out refinance after 30 days based on new property value, no need to wait 1 year
  • No cap on number of financed properties
  • Loans are in name of business
  • Loans are not reported to credit agencies
  • No paystubs, W-2s, or tax returns needed
  • Up to 75% LTV
  • Minimum property value $60K
  • Origination fee 3 points
  • 5 year prepay penalty, stepping down 1% every year

7/1 ARM Pricing

Rental 360 7 Yr Arm.png

30 Year Fixed Pricing

Rental 360 30 Yr Fixed.png

 Blanket Loan

‚Äč Refi on 3 to 7 properties with one closing and monthly payment.

With just one closing and one monthly payment, it's perfect for investors looking to simplify their portfolio. Available as a 7 Year ARM (rates shown below) or 30 Year Fixed (add 50 bps).

Rental 360 Portfolio+.png

 Required docs:

  • Completed loan application
  • 2 forms of ID
  • Recent 2 months bank statements
  • Insurance policy contact info
  • Copy of voided check
  • Business entity docs and IRS EIN letter