![[company.title] - Logo](https://www.dansrealestateloans.com/wp-client_data/21789/3592/uploads/2017/07/trinity-mortgage-logo.jpg){kind=logo}
Since 2009, Dan Cassel and the Trinity Mortgage Broker team from San Diego, California have successfully delivered Aggressively Priced, Higher LTV, Residential Rental and Secondary Home Loan Solutions for both Salaried and Self-Employed Borrowers. This occurs by successfully allowing Top, Selected Institutional Banks, Private and Mortgage Banking Funds to compete Daily for “Our” Borrower’s Primary, Secondary and Investment Residential Mortgage Loan Business.
Our Proprietary Lending Platform Technology and Loan Documentation Expertise additionally allows us to qualify a Borrower’s Income Documentation and Loan Details within our Banking Sources quickly, in detail to help offer the most Aggressive Rental and Secondary Home Loan Products for their needs.
Our Rental Loan and Secondary Home Loan Products:
While it true that the Lending Markets have hit the highest interest rates in 20 years, We still offer terms and loan solutions to get the deal Funded. We offer programs from FNMA, Mortgage Banks and Private Money that all have various "Solutions". All of us are fighting current market conditions. Let us put our skills to work and make your deals!
Many of our conventional Rental loans and even secondary Home loan products still offer Fixed Rate Loans, and even unique Interest only loan features for Full Documentation investors. Some loans list no employment on the Loan application and just use Rental Income or DSCR.. That is great News for Real Estate Investors!!!
We are glad to review your Rental Home loan questions. Our loan products can help Builders as inventory increases into the winter and long-term rental options appear more favorable. We are glad to review Docs and Scenarios for your current projects.
Note: Residential Rental Loans typically close in 30-45 days. Lenders will require full appraisals and will always require Rental Income Surveys. Detailed information on current employment, reserves and continued income stability are still very closely looked at by banks. The more the better.
Tell us More about your needs!
Key Facts About Our Single Rental Loan
- DSCR loan with no W2s, paystubs, or tax returns required
- No-fee alternative valuation and rent schedule option now available (for eligible properties)
- Property loans from $75K to $3MM
- Single Family Rental (SFR), condos, townhomes, PUD, 2-4 units eligible
- Foreign Nationals allowed (70% LTV max, eligible countries only)
- 30-year property loan terms
- Minimum 640 FICO
Here is one example of our Single Rental Loan that enables investors to purchase a new property to expand their rental portfolio. Investors use this Debt Service Coverage Ratio (DSCR) loan to refinance a property for a better rate or take cash out to access equity.
Single Rental Loan
- LOAN PURPOSE - Purchase, limited cash-out, or cash-out of a single rental property
- BORROWER TYPE - Entity (Single Purpose Entity) or Individual
- PROPERTY OR UNIT ACQUISITION MINIMUM - 1 property per loan
- TERM - 30-year fixed
- INTEREST RATE - Call for quote
- EXPERIENCE - No first-time homebuyers
- MINIMUM FICO - 640
- MAXIMUM LOAN-TO-VALUE (LTV) - Up to 75% on purchase and rate & term. Up to 70% on cash-out
- MINIMUM LOAN AMOUNT - $75K - $3MM
- VACANCY MAXIMUM - Any vacancy requires a max LTV of 60% on refinance
- SEASONING REQUIREMENT (TO USE VALUE VS. COST BASIS) - 90 days
- RURAL PROPERTIES - Ineligible
- FOREIGN NATIONALS - Not allowed from ineligible country list
- LTV is limited to 70%
- PROPERTY TYPE - Non-Owner Occupied:
- Single Family Residences (SFR)
- 2-4 unit properties
- Condos
- Townhomes
About Us
Dan Cassel is known for seamless closings on condotels, condos in litigation and non-warrantable condos. We make it easy. Phone me at 866-310-1112 here in San Diego. Or Send me an email with the scenario by clicking here, so I can help you acquire a pre-qual from underwriting quickly.
Rental Property Financing in Carlsbad
Finding the right Carlsbad rental property mortgage lender who is aware of your business needs and the larger context of real estate investing is a significant step towards buying your next home. Fill out the contact form or call us, 866-310-1112 to discuss the property you have in mind.
