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Long-Term Rental Loans
Emerge Lending Group is committing to your future investments with our Long-Term Rental loan program. This program offers a 30-year term and rates starting at 5.99% to ensure that our customers have true long-term financing options.
BASIC LOAN CRITERIA
Term
30 Years
Loan Amount
$75k to $1M
LTV
Purchase – Lesser of up to 80% of the As-Is Value or Up to 80% Loan-to-Cost
Refinance – Up to 75% of the As-Is Value
Cash-Out – Up to 75% of the As-Is Value
Property Types
Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes; Planned Unit Development (PUD)
FICO
660 Minimum
Property Value
”As-Is” Appraised Value Must Be Greater Than $100k
Property Debt-To-Income Ratio (PDTI)
75% and 85%, based on property value
Emerge Lending Group specializes in working with business owners and real estate investors.
We lend on real estate in 45 States. For our owner-occupied program that is for California properties only at this time.
We offer 1st and 2nd trust deeds. The important consideration is that the use of funds are for your business and not for personal use on our owner-occupied private money lending programs.
We offer many lending products here is a list of some of the loan options.
• Fix & Flip
• Bridge loans
• 2nd TD construction loans
• Consumer bridge Loans
• Ground-up construction loans
• 30-year rental loans
• Unsecured lines of credit & term loans
• Cross liens
• 2nd TD
• Owner-occupied business loans 1st & 2nd TD
Property Types:
• Single Family
• Multifamily
• SFR rental portfolio
• Land
• Commercial
To find out more about Beau Eckstein and Emerge Lending Group please call Beau at 925.852.8261.
You can also reach Beau Eckstein directly at Beau@emergelending.com
See us on Instagram: https://www.instagram.com/emergelending/
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We're on Bigger Pockets, too: https://www.biggerpockets.com/co/emerge-lending
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