Rental Property Equity Line of Credit
Line of Credit Size from $200,000 to $1,500,000
-PROPERTY TYPES: Single family rental properties, and multi-family investment properties.
-LEVERAGE: Up to 70% LTV
-LENDING AREA: Nationwide except – CA, ND, DC, TN, & UT
-LOAN TERM: 2 Years
-AMORTIZATION: Typically, Interest-only
-INTEREST RATE: 5.99% – 7.99%
-PREPAYMENT PENALTY : None
-MINIMUM DRAW SIZE : $25,000
-CLOSING TIME: 2 weeks or sooner
Contact Us With Your Loan Scenario:
e: hml@elitefactoring.com
o: 314-252-0299