Anchor Loans is now offering an SFR rental loan program to give real estate investors more options in the growing SFR rental space. The program covers investor portfolios as well as single properties and features 30-year fixed rate and Interest-only options.
Flexible program guidelines include:
∙ DSCR loans with LTVs to 80% (cash out, refinance and purchase)
∙ Loan closing without an appraisal
∙ FICO scores as low as 620
Properties include:
∙ 1-4 and 4+ units, townhouses, condos and PUDs
∙ Long-term, short-term and vacation rentals
Anchor's CEO Andy Pollock said of the new offering: “Our new SFR rental program will give experienced investors extremely competitive, long-term financing options for rental portfolios and properties, delivered with the same speed and customer care that has always been Anchor’s trademark. Our capital strength and our ability to do larger deals will also be competitive advantages for us in the rental space.”
For more information about Anchor’s investor SFR rental loan program, visit anchorloans.com/loans/rental-loans
