Newrepublicfunding.com

Residential Rental Property Loans:

Residential Single Asset

Rental Property Loans: 

Updated 8/1/2020

Landlords need a private source of capital for their rental loans that remove the red tape out of lending. No tax returns required or collected. Debt Service is calculated against the subject property only. 


  • Purchase or Refinance up to 75% Loan to Value. 
  • Unlimited Cash-out Refinances up to 70% of As-Is Value. 
  • Low minimum debt service coverage of 1.20 to 1.25. 
  • Discounted Rates for a higher debt service coverage of 1.50 or higher. 
  • Rates starting at 5.25%. 
  • 5 Year ARM, 10 Year ARM, or 30 Year Fixed Rates available! 
  • Origination Fees starting at 2.0%. 
  • Quick closings in 14 to 21 days. 
  • Collateral Type: Single Family Homes, 2-4 Units, Townhomes, and Condos. 
  • 5 year Prepayment Penalty - 5% - 4% - 3% - 2% - 1%
  • Minimum Request: $100,000
  • Maximum Loan Request: $1,000,000 (Higher Case by Case.) 
  • Brokers Protected and Compensated. 
  • Drive-By Appraisals up to $400,000. 



The Following Documentation is Requested For Application:

  • Lease Agreement(s)
  • Current Payoff Good For 30 Days ( If Refinance )
  • Executive Summary
  • Use of Borrowed Funds LOE
  • Purchase Agreement ( If Purchase )
  • 5 Years of Financial Projections
  • Real Estate Property Taxes - Proof of Current
  • Current Insurance Policy
  • Preliminary Insurance Policy to Bind at Close of Escrow
  • Prelim Title
  • Escrow Agent & Title Agent Contact Information
  • Insurance Agent Contact Information
  • Borrower Credit Report
  • ID
  • 3 Months Personal and Business Asset Statements
  • Fully Executed 1003