Rental Portfolio Loans
Finance multiple properties with one loan
Green Block’s Rental Portfolio Loans, sometimes referred to as Blanket Loans or Portfolio DSCR Loans, allow investors to finance multiple properties through one loan. Whether you’re purchasing, refinancing, or cashing-out your properties, our portfolio loan will streamline the loan process, consolidate your monthly payment into one, reduce your closing costs, and allow you to use higher performing rentals to offset lower performing rentals to qualify for the best terms.
High LTVs
Fast Funding
Non-QM Loans
Rental Portfolio Loan Details
| Portfolio Size | 3 – 20 properties (possible exception for larger portfolios) |
| Loan Types | Purchase, Refinance, or Cash-out. All properties in a portfolio must use the same loan type. |
| Loan to Value (LTV) | Purchase: The Lesser of Up to 80% of the As-Is Value or Up to 80% Loan-to-Cost
Refinance: Up to 80% of the As-Is Value Cash-out: Up to 75% of the as-is value |
| Term | 30 years |
| Amortization | Amortization Fully amortized, fixed rate. Hybrid ARMS (5/1, 7/1, 10/1) and Interest-Only Options available. |
| Prepayment Penalty | 0 – 5 year step-down options available |
| Rates | Starting at 7.49% |
| Property Types | Non-owner occupied 1-4 units, condos, townhomes |
| DSCR Minimum | 1.10 per proprety |
| Property Condition | Rent-ready |
| Minimum Experience | None |
| Minimum FICO | 680 |
| Loan Amount | Minimum $50,000 per property. Max total loan size: $2 million |
| Minimum Property Value | $100,000 per property |
| Release Prices | 120% of the allocated loan amount for each property released |
| Borrower Type | US-based business entities. Foreign National guarantors permitted. |
* Max LTV based on factors such FICO, experience, property type
Rental Portfolio Loan Application Process
Our loan process is simple – designed to help you close quickly and seamlessly. We know that time is money and our team’s goal is to help you move fast.
