Rental loan program
Build Wealth with a Passive Income Using Long-Term Rental Loan from Longleaf
Need long-term financing for long-term or short-term rental cash flow?
Rental loans are the best way to finance your next rental property and start building wealth.
Longleaf Lending offers a solution for investors seeking to build wealth from a portfolio of cash flowing rental properties. With a 30-year fixed rate, you can take advantage of the current market and lock in lower rates for the long term.
How to Qualify for a Rental Loan
For our rental loan program, we do not require an income verification which is a requirement for conventional mortgage financing. What we focus on is the cash flow potential of your project.
Here are the funding guidelines for a rental loan with Longleaf Lending.
| Rental type | Short (vacation rental) or long-term |
| Loan Value | $75,000-$2,000,000 |
| LTV | Up to 80% (as is) |
| Interest Rate | Starting at 7.5% |
| Points | 2-3 |
| Term | 30 year fixed; adjustable options |
| Closing Time | As fast as 2 weeks |
| FICO | 600 minimum |
For additional guidelines to qualify, please see below:
- Debt-service coverage ratio (DSCR): not less than 0.9x
- No seasoning requirement if lease is signed
- Appraisal report to confirm value
- Property value: not less than $100,000
- No rural properties
- Cash-out requires 6 months seasoning
To apply for a loan, simply click the button below and follow the instructions. The application process is fast and easy — it doesn’t take more than a minute!
What is a Rental Loan?
A Rental Loan is long-term financing provided to real estate investors by Private Lenders or hard money lenders.
Loans are made to investors building a portfolio of single-family investment properties.
Our product, the most common, is a fully amortizing 30-year fixed. It’s a great time to lock in low interest rates.
Why Should You Choose Longleaf Lending as your Fix & Flip Lender?
If you are looking for a go-to private lender to finance your rental property, consider Longleaf Lending as your long-term partner.
We let our track record with our former and existing clients speak for itself.
Fastest Closings
We close about 2 months faster than traditional lenders -- as fast as 2 weeks!
Easy and Efficient Process
As a direct lender, we control the process. Trust us - it's simple.
Lock in Low Rates
Our 30-year fixed rate allows you to lock in lower rates for the long term.
600 Minimum FICO
We require a 600 minimum credit score to be approved.
Build a Long-Term Partnership
Build a relationship with a trusted reliable lending partner. You'll know what to expect, everytime.
Rental Loan vs. Conventional Mortgage
Rental loans are fast becoming a competitive alternative to traditional mortgages due to its faster funding and fewer borrower requirements.
Here are some other differences between the two:
No cap on quantity
With a conventional lender, there is a limit on the number of mortgages you can qualify for. Many bank lenders approve investors for up to four loans and then tighten standards to make it more difficult to qualify for additional properties. That is not the case with a Rental Loan.
Low downpayment
With Rental Loans, you can qualify for low down payments and up to 80% LTV. Rental loans also do not have a required minimum cash to close down payment amount. If you purchased your property below market and created substantial value from the rehab, it is possible for you to cash-out all of your equity.
No reporting to credit agencies
Most private loans such as a Longleaf Rental Loan are not reported to credit reporting agencies. Conventional loans, however, will be reported and they could affect your credit score.
Ready to get started?
If you are not yet ready to apply for a rental loan, you may opt to subscribe to our newsletter to get updates on the latest news from Longleaf Lending. You may also visit the following links for more research and background information on rental properties:
