Single Property Rentals
Rates Starting at
5.4%*
Roc Capital Makes Term Loans Easy
Roc Capital Single Property Rental loans provide you with a reliable funding source for your landlords against cash flowing 1-4 family houses.
Single Property Rental Terms
Term | 30-year fixed, arm options available |
Recourse | Full Recourse only |
Loan Types | 30-Year fixed rate mortgage (Fully Amortizing) 5/6, 7/6, 10/6 Hyrbid ARMs (Partial IO or Fully Amortizing) |
Experience | not required |
Loan Purpose | Purchase, rate-term refinance, or cash-out of a single rental property |
Minimum Fico | 660 |
Borrower Type | Entity required |
Interest Rate | call for quote |
Property Types | Single Family Residences (SFR) 2-4 unit properties Warrantable condos Townhomes PUD |
Vacancy Maximum | purchases only or leased within 30 days |
Rural Properties | not permitted |
Foreign Nationals | not allowed from ineligible country list |
Lease Requirements | Leased Units: Lower of (i) In-Place Rent & (ii) Market Rent Unleased Units: 90% of Market Rent (Purchase Loans only) |
Maximum Loan To Cost | If Owned < 3 months, 80% of Total Cost Basis |
Minimum Loan Amount | $75k - $2MM |
Maximum loan-to-value (ltv) | up to 80% on purchase and rate & term. Up to 75% on cash-out |
Property Or Unit Acquisition Minimum | 1 property per loan |
Minimum Debt Service Coverage Ratio (Gross Rent/Pitia) | 1.10x |
Seasoning Requirement (To use value vs. Cost basis) | 180 days |
Quick and easy
Borrower-friendly loan options
Fixed rate and hybrid ARMs, up to 10-year IO periods, easy step down prepayment penalty options.
Flexible rates and terms
lenders
US states
in funded loans
Working with Roc Capital is as
easy as 1-2-3
Sign Up
After you receive your login, you will be able to submit deals directly through our online portal.
Onboard
We fund your deals
Our relationship managers will get your deals funded fast!
