Long-Term Rental Loans

Long Term Financing for the Purchase and Refinance of Non-Owner Occupied Rental Properties

TMD Capital remains committed to your future investments with our Long-Term Rental loan program. This program offers a 30-year term and rates starting at 5.75% to ensure that our customers have true long-term financing options.

LOAN CRITERIA

Collateral:

Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes; Planned Unit Development (PUD)

LTV:

Purchase: Lesser of up to 80% of the As-Is Value or Up to 80% Loan-to-Cost
Refinance: Up to 80% of the As-Is Value
Cash-Out: Up to 80% of the As-Is Value

Collateral:

30-Year Fixed,
Hybrid ARMS (5/1, 7/1, 10/1), &
5 & 10 Year Interest-Only

Rates:

Starting at 5.75%

Property Values:

“As Is” Appraised Value Must Be $75k or Greater (Geographical Restrictions May Apply)

Minimum DSCR Property Value:

1.10

Loan Amount:

50k – $2M

Minimum FICO:

650