Rental loans allow investors to purchase investment properties of 1-4 units for long-term Buy and Hold strategies. These loans are not available for owner-occupied properties.

Traditional loan products are based on the current value of the property you are purchasing. Our rental loans allow you to borrow based on the property’s projected value following renovation, as well as the cost of of the renovation itself. Rental loans allow you to take advantage of opportunities when they happen, with quick closings that allow you to be more nimble and move forward faster.

Because our loans are designed to be short term, you don’t have to worry about penalties on a quick refinance. Use our rental loan to get your project completed and renters in place. In as little as 30 days you can refinance with a 30-year fixed rate mortgage based on the value of the now-renovated property.

With more than 300 loans closed since 2015, we know how to get you funded so you can keep your project moving. We know how essential fast, reliable lending is to your real estate investment and development business. Count on LSI Mortgage Plus. for the best private financing scenarios and strategies.

Required documents

For Pre-approval and Preliminary Term Sheet:

1. Completed loan application

2. Two forms of ID

3. Last two months bank statements (all pages included)

4. Copy of Recent Tri-merge Credit Report

5. Insurance policy contact information

6. Copy of a voided check

7. Business entity documents including IRS EIN letter