Single Property Rentals
Rates Starting at
4.99%*
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
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