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Rental Investment Loan Program

The Fast & Reliable Solution
to Growing your Rental Portfolio 

Understanding Rental Investment Loans

Program Overview

Loan Amount: $55,000 - $5 Million
Term Length: 30 years
Max LTV: 80%
Amortization: 30 Year Fixed and 3, 5, 7, 10 Year Interest Only Options
Interest Rate: Starting at 4.00%
Min. Credit Requirement: 600 FICO
Closing Time: 14 Days
Loan Use: Purchase, Refinance, or Cash out

Rental Investment Loan Program

A “Rental Investment” loan is a long-term loan used to purchase or refinance property with the intent to hold it for at least 3+ years in order to profit from the cash flow from the property and future appreciation. A Rental Investment loan is a great fit in the following situations:
⦁ When the property does not need renovations.
⦁ When you are looking to pay off a bridge loan which was used to renovate the property.
⦁ When the property is stabilized, leased up, or generating any income.
⦁ When you want a long term financing solution on rental investment property.
At Diamond Capital, our rental investment loans close quickly…even in as little as 10-14 days at rates starting at 4.00%! Our Rental Investment loans require no personal income verification and very little documentation! 

Pro's About Rental Investment Loans

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⦁ High Leverage (up to 80%)
⦁ Quick Closing in 10-14 Days
⦁ Low Rates Starting at 4.00%
⦁ Interest-Only Options
⦁ No Income Documentation  

What Do I Need To Qualify?

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⦁ Simple… If the Monthly Combined Principal, Interest, Taxes, & Insurance is less than the Gross Monthly Rental Income = Approved!
⦁ Loan Fees and Costs: No Hidden Fees! 

Eligible Properties for Rental Investment Loans

Single Family

Single Family is classified as one to four-unit residential use dwellings including condominium, P.U.D., townhomes, duplexes, triplex’s, and quadplex’s. At Diamond Capital, we will lend to real estate investors and entities looking to purchase, refinance, fix & flip, or buy to rent from $75,000+.

Multi Family

Multi-family is a classification of housing where multiple units (5+) for residential use are contained within one or more buildings within one community or complex. At Diamond Capital we will lend to real estate investors looking to purchase or refinance multi-family properties with loan amounts of $250,000+.

Required Documents for Closing

Property Documents

⦁ Purchase Contract
⦁ Payoff Statement (if Refinance)
⦁ Rent Roll & Leases
⦁ Renovation Budget (if Rehab)

Personal Documents

⦁ Loan Application
⦁ Track Record / Experience / SREO
⦁ Last Month’s Bank Statement
⦁ Drivers License and/or Passport

Business Documents

⦁ Articles of Incorporation
⦁ Operating Agreement (LLC) or Bylaws (Corp.)
⦁ EIN Letter