Short-Term Rental Loans
Program for investment single family properties (1-4 units) where repayment is to be supported by cash flow from short-term rental operations. Specialized product where funding requirements can be met with 12 months of short-term rental history or market rents.Request more information
Close More Deals on Short-stay Properties
The short-term rental program can open the door to aquiring properties that are not eligible for traditional bank financing or long-term rental loans. The short-term rental history of 12-months can satisfy the requirements for funding.
|Loan Size||$250,000 – $5,000,000|
|LTV Max||80% Purchase or R/T Refi; 70% Cash Out Refi%|
|Rate Adjustments||Loan Size, Credit Score, DSCR, Prepay, Property Type, Cash Out, Reserves, and Interest Only|
|Amortization / Term||30-Year Fixed Rate and 3/1, 5/1, 7/1, 15, and 30 yr (Interest-Only Available)|
|Prepayment Premiums||Descending % (5/4/3/2/1 on a 5-Year Fixed)|
|Property Types||Individual or Small Portfolios of Investment Residences (No Owner or Owner-Related Occupants)|
|Minimum Credit Score||660|
|Borrower Experience Required||1 Year|
|Requirements||12 months of rental income (Without 12 months rental income, lower of market rent or current lease)|
Learn more about the Stronghill Short-Term Rental loan program.
Stronghill’s innovative lending programs provide capital for unmatched real estate financing without the time, paperwork, and uncertainty of other financing.