DSCR Loans and Rental Loans for Purchase and Refinance of non-owner occupied properties
Venus Capital with its Nationwide reach helps small investors with our DSCR Rental Loans Program and long term rental loans.
You could be eligible to Purchase or Refinance a Property to Hold as a Long Term Rental for 30 year term with long term rental loans.
This program offers a 30-year term and rates starting at 7% to ensure that our customers have true long-term financing options.
We also have Fix to Rent programs, where you get a bridge loan to get your property with 100% rehab covered and then after 6-12 months lock in great rate for 30 year terms.
DSCR Loans (30year) for Single Family Long-Term Rental Loan Program Details:
Non-Owner Occupied 1-4 Single Family Real Estate, Condos, Townhomes
Purchase/ Refinance – LTV upto 80% of As-is value
Cash Out – 75% of As-is value
As-Is value should be 100k or more
Loan Amount – $150k to $2.5 mn
Single Family Minimum FICO 680
Multi-Family (5+ units) Long Term Program :
Purchase/ Refinance – Upto 75% of As-is value
Cash Out – 70% of As-is value
Loan Amount – $500k to 20mn (min. 50k per door)
MFH Min. FICO – 680+
We have 10 different products from non-owner occupied short term or long term rental loans, fix and flip loans, multi-family, rental portfolio loans as well as working capital and equipment finance.
Proudly Serving Columbus and Cincinnati in Ohio first, besides 40 other states nationwide.