A New Way to Finance Rental Property
Introducing Equity Builder — a new, long-term mortgage solution designed to help you finance rental property even if you can’t qualify for a conventional or conforming mortgage loan.
Do these problems sound familiar?
You want to start growing your net worth with a rental portfolio, but can’t qualify right now for a traditional long-term mortgage.
You’ve reached your conforming or
conventional loan limit.
You’re stuck in hard money and need to transition to a lower-interest, amortized
loan until you can refinance.
The Solution is Equity Builder
Here’s how it works: just complete the rehab on your property, have a tenant in place,
and we’ll convert your hard-money loan to a fully amortized mortgage loan.
What are the rates and terms?
- Rates from 9.95%
- 15-year term (fully amortized)
- 1% origination
- $875 processing fee
- No other closing costs
Why choose Equity Builder?
1. You build equity every month.
2. Pay it off faster than a 30-year loan.
3. No balloon payment.
4. No second appraisal.
5. Fast, 3-day closing.
6. For rental property only.
Ready to finance that rental property you’ve had your eye on? Contact us today!
Disclaimer: This is for rental property only and cannot be used to occupy the property as a homestead, and cannot be used for owner financing. Wraparound mortgages are prohibited. The rate can adjust in 3-5 years depending on the term at closing. The borrower must remain in the note for at least twelve months or pay a prepayment penalty of 2% of the note amount.