Residential 1-4 Family
Questions about rental property financing answered
Long Term rental financing PrograM faq
Fix and Flip / Short Term Renovation Program FAQ
Renovation Lending Questions
Yes – we require an appraisal on all lending programs. Renovation and construction financing require a “subject to” appraisal. Long term purchase and refinance require “as is” valuations and a rent comparable analysis to determine fair market rent.
For SFR = 700 sq. ft. 2-4 family 500 sq. ft.per unit in the minimum.
30 Year - 1-4 Family
Yes – we require an appraisal on all lending programs. Renovation and construction financing require a “subject to” appraisal. Long term purchase and refinance require “as is” valuations and a rent comparable analysis to determine fair market rent.
For SFR = 700 sq. ft. 2-4 family 500 sq. ft.per unit in the minimum.
Legal - Entity General
Yes – we require an appraisal on all lending programs. Renovation and construction financing require a “subject to” appraisal. Long term purchase and refinance require “as is” valuations and a rent comparable analysis to determine fair market rent.
For SFR = 700 sq. ft. 2-4 family 500 sq. ft.per unit in the minimum.
Property
Yes – we require an appraisal on all lending programs. Renovation and construction financing require a “subject to” appraisal. Long term purchase and refinance require “as is” valuations and a rent comparable analysis to determine fair market rent.