LendingDeck Rental Loans
Our rental loan program was designed for real estate investors who always wanted to have their own rental portfolio. You can purchase properties directly in your LLC and no personal income is needed to qualify for financing. Instead, our program focuses on the value of the property being purchased and the rental income it can generate.
RATES
Rates as low as 6.875%
With access to the best programs in the nation, we work hard to make sure you get the lowest rates.
LEVERAGE
Up to 80% LTV
More leverage lets you do more deals. We'll customize a program for your growing business.
LOAN AMOUNTS
Loans up to $2 million
We fund loans between $55,000 and $2 million. Properties must appraise for at least $75,000.
PROPERTY TYPE
Residential Real Estate
Single family homes, townhouses, condos, 2-4 units, 5-20 unit multifamily and Airbnbs.
CREDIT SCORE
640 Min FICO Score
Borrower must have a minimum middle FICO score of 640. Foreign nationals may also qualify.
BORROWER TYPE
Entity Only
Properties are required to be purchased through an LLC, Corporation or Trust.
How It Works
Start by becoming familiar with our loan program and getting pre-approved for financing. A loan specialist is happy to answer any questions you have by calling (800) 547-9080.
Once you've identified a property and have it under contract, submit a loan application along with a copy of the sales contract and lease (if leased).
We then calculate a few loan options for you based on the property's income potential and expenses: monthly rent, property taxes, hazard insurance and HOA/condo dues.
After you select a loan option and approve the terms, we begin processing your application with the goal to close in 3-4 weeks.
Frequently Asked Questions
What documents will I need to qualify?
The most important documents you will need are the following: 1) ratified sales contract, 2) recent credit report (we can pull your credit), 3) copy of lease, 4) entity documents (LLC formation, operating agreement, etc.),
Get Pre-Approved
Getting pre-approved is quick and easy. You tell us about your goals, credit, experience and how much capital you require. We can qualify you over the phone within 5 minutes and then send you a pre-approval letter to submit with your offers.
Call (800) 547-9080
Complete our online Quick Form