Rental Property Loans

Residential Capital Partners helps you build wealth through real estate. We make certain you get the right financial solution for each real estate investment, whether you are a seasoned investor or purchasing your first rental property.

We offer flexible short-term bridge rental loans to help you acquire buy-to-rent properties without delay while you determine the long-term plan for each investment. We also offer long-term rental loans at the lowest possible rate whether you plan to retain one rental home or an entire rental portfolio.

Income and Building Wealth

House flipping can generate substantial income; buying to own and rent can build real wealth as property values appreciate. At some point, experienced flippers begin to think about investing for the rental income stream and appreciation.

Many real estate investors do both. Then, the decisions about what to flip and what to keep begin, factoring in the property type, comparable homes in the area, projected upkeep expenses, and projected appreciation. Most rental property investors develop a formulaic approach and refine it as they gain experience.

No matter how long you have been investing, Residential Capital Partners has the experience, stability and resources to be your financial partner every step of the way. We measure our success in terms of your success.

Bridge Rental Loans

As with fix-and-flip loans, fast funding is essential for bridge rental loans, which share some characteristics with both fix-and-flip loans and long-term rental property loans:

  • Single-family residences
  • 2 – 4-unit family residential properties
  • Townhomes and condominiums
  • $50,000 – $5,000,000
  • No money down
  • 100% financing up to 70% LTV
  • 9.9% interest rate on principal
  • $700 appraisal and processing fee
  • $1,000 document preparation fee
  • 3-point origination fee
  • 6-month loan term
  • No prepayment penalties
  • Loans to business entities, no individuals

The ResCap bridge rental loan is a valuable tool used by our customers to close fast on single-family rental properties so that they can build a rental payment history and “season the property.” The seasoning of a rental property helps our customers achieve more favorable interest rates on their long-term rental loans.

Investment Property Loans vs. Home Mortgages

Buying an investment property with a conventional loan is, in some ways, similar to financing your primary residence. The documentation is the same – credit check, paycheck stubs, tax returns, bank statements, W2s and 1099s, for example.

But there are some important differences, too. You will need a higher credit score, interest rates may be a touch higher, your down payment may be larger, and approval may take a little longer. The reason is risk: There is more risk for all parties in long-term investment property loans than for home mortgages associated with a primary residence.

Borrowers must be prepared to cover the loan payments whether the house is rented or not. Lenders have the added risk of a borrower being forced to choose between paying the mortgage on their rental property or their primary residence if they get in a financial bind. Most borrowers will choose to make their primary residence payment and keep the roof over their head.

These differences often surprise first-time rental property buyers. Thorough research helps people seeking investment property loans understand the demands of the investment property loan underwriting process.

Long-Term Rental Loans

Residential Capital Partners long-term rental loans include the following features:

  • Single-family residences
  • 2 – 4-unit family residential properties
  • Townhomes and condominiums
  • $50,000 – $5,000,000
  • LTVs up to 75% for cash-out refi loans
  • LTVs up to 80% for purchase / rate & term loans
  • Interest rates starting at 6.625%
  • $700 appraisal and processing fee
  • $1,495 document preparation fee
  • 3-point origination fee
  • 5/1 ARM, 7/1 ARM and 30-year fixed rates (fully amortizing) available
  • Prepayment penalties may apply
  • Loans to business entities and individuals

Apply for credit today so when an opportunity develops you will be ready to move fast!

Apply for Credit – Receive Proof of Funds Letter

Apply for credit today so you will be ready to act when you find a good investment opportunity. It takes only 14 minutes to apply online and receive a Proof of Funds letter in about two days.

Make Residential Capital Partners your funding partner for all your real estate investments. Our technology platform makes it quick and easy to apply and our Administration and Underwriting Team deliver fast results to save you precious time when you need it most.