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30 Year Fixed

Bayport Funding now offers permanent financing solutions. 30-year fixed rate program for 1 to 4 family single asset or portfolio loans.

• NO tax returns
• LTV based on current market value
• No leases necessary
• Property can be vacant up to 3 months after rehab
• Only 3 months of PITI reserves required for DSCR at 1.00 or above

 

SINGLE RENTAL PROPERTY LOANRENTAL PORTFOLIO LOAN

SINGLE RENTAL PROPERTY LOAN

RENTAL PORTFOLIO LOAN

Individual rental properties
2+ rental properties
1-4 units, townhouses
Single family, 2-4 Units, or townhouses
$100K - $5M
$250K-$5MM
Up to 80% of value
Up to 75-80% of value
Fixed rates
30 yr Fixed Rate or 5, 7, or 10 yr term
30 year term
30 year amortization
Pre-pay penalty: 1-5 year options
Pre-pay penalty: 1-5 year options
No tax returns required
No cash management required
LLCs or Corporations
LLCs or Corporations
Property located in NY, NJ, or FL
Property located in NY, NJ, or FL
Foreign nationals eligible
Foreign nationals eligible

*Loan terms subject to program qualifications.