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Multiple Rental Property Loans/Financing

Financing more than Four 1 – 4 unit rental properties can be easy with Apartment Loan Store’s Multiple Rental Property Loan Program.  This is also known as a blanket mortgage, which covers two or more properties with one loan. You might have tried to borrow money from a bank or mortgage broker for a rental property only to find out that you already own too many and cannot qualify.  There is a limit of four conventional loans, also known as conforming loans that a borrower can have on residential properties they own. A rental property is considered residential if it has under 5 units – commercial if it is 5 units or more. Conventional loans sold to Fannie Mae or Freddie Mac and are underwritten to their guidelines. They require good credit, 2 years of tax returns showing adequate personal income, and a 45% debt to income ratio. Furthermore, conforming loans can require up to 30% down for multiunit properties. If you do not have adequate income from your job and investment properties, it can be difficult to qualify for a conforming loan. In addition, many banks scrutinize cash out.  With our multiple rental property loan program, it is your money.  Cash out for any reason is not a problem. 

Our multiple rental property program is easy to qualify for in that we do not have to meet conforming loan guidelines and in most cases do not collect tax returns.  Best of all, there is no limit to the number of properties you can own or dollar amount. Even better, you can consolidate multiple rental properties that you currently own into one loan and get cash out to purchase more rental properties. Also, this loan is non-recourse which means that no personal guarantee is needed. This can really help you if you need to bring in an investor(s) to purchase a property or multiple properties. Many investors would like to invest in income producing real estate, but do not want to take the risk of signing a personal guarantee that can put all their assets at risk. 

Our Multiple Rental Property loan can lend on 5 properties or more than 100. If needed we can put in a release clause which allows you to sell or refinance one or more properties from your portfolio to purchase another property, or to fix and flip. The remaining properties in our blanket mortgage will remain on the original loan.  Call one of our friendly loan specialists to get more details and current interest rates.

Multiple Rental Property Loan Program Guidelines

  • Minimum Loan $500,000 with no Maximum
  • Requires 5 or more properties
  • Property types:  single family, or 2 to 4 unit properties
  • $50,000 minimum loan amount on each property
  • 640 minimum Credit Score
  • 5 or 10 year term
  • Interest rates are fixed for the term
  • Amortization up to 30 years
  • LTV up to 75%
  • Can be used for purchase or refinance
  • Underwritten on property net income
  • DSCR (debt service coverage ratio) 1.25
  • Non-Recourse
  • Foreign Nationals are okay
  • Single Asset Entity ownership required like an LLC

Getting the right loan and the lowest rate requires wisdom and finesse. If you’re ready to partner with a team of professionals who’ve built a foundation on straight talk and true strategy, we are the loan store for you.


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HUD Loans are one of the best options with the current level of interest rates. For a complete guide to HUD Multifamily Loans please go here:

HUD Multifamily Loans - The Complete Guide