RLS Mortgage Buy & Hold Funding

If you are struggling to afford a piece of property that you are going to rent-out to potential buyers, then look no further. We can fund your investment in a day or less, allowing you to get started as soon as possible. We provide loans based on the asset rather than having to do a credit check, making the approval process quick and easy.

BUY & HOLD FUNDING PROGRAM

12 MONTH TERMS

  • Rates from 12-18%
  • No Points
  • 1 Year Term
  • Up to 80% Loan to Cost
  • Loan Origination Fee: 0-3 points
  • No Prepayment Penalties
  • No Extension Fees
  • No Appraisal Fees

APR for $150k: 15 % with 1 point= 16.3% APR for $150k: 18% with $900 fee= 18.6%

LOAN REQUIREMENTS

We generally require two of the following forms for proof of ability to make payments:

  • Bank Statement
  • Balance Sheet
  • Tax Return
  • W-2’s
  • Pay Stubs

Have questions or are ready to apply for Buy & Hold funding? Call us at 480-945-2799.