30-Year Rental Loans

Purchasing or refinancing an investment property?

We specialize in 30-year rental loans. Our private lenders offer competitive rates for real estate investors looking to finance or refinance:

  • 1-4 unit rental properties
  • single family rental properties
  • short-term vacation rentals
  • rental portfolio loans

Benefits of working with us:

  • Rates start at 6.875%
  • Fast closings
  • No unnecessary paperwork
  • No personal income verification
  • No personal tax returns
  • No lease requirements
  • No hard pull

Types of 30-Year Rental Loans

Here are the different types of 30-year investment property loan programs we work with.

Single-Family Rental Property Loans

  • Property type: SFH, condo or 2-4 unit
  • Minimum loan amount: $75k
  • Maximum loan amount: $2m
  • Purchase/refinance LTV: Max 80%
  • Cash out refinance LTV: Max 75%
  • Loan types: Interest only, fixed rate, ARM’s, fully amortizing

Rental Portfolio Loan Consolidation

  • Consolidates 5+ rental properties
  • One loan
  • Minimum loan amount: $500k
  • No maximum loan amount
  • LTV: Maximum 75%
  • Loan types: Interest only, fixed rate, ARM’s, fully amortizing

Short-Term Vacation Rental Loans

  • Short-term vacation rentals
  • Listed on AirBNB, VRBO, Zillow, etc
  • Minimum loan amount: $75k
  • 1.5+ DSCR
  • LTV: Maximum 75%
  • Loan types: Interest only, fixed rate, ARM’s, fully amortizing

Minimum Loan Requirements for Rental Loans

Minimum Credit Score: 660

Every lender has different loan requirements for investment property loans. Traditionally, hard money lenders won’t run a hard credit pull. However, they’ll still run a soft pull on your credit score. Since higher credit scores signal financial stability, these usually come with lower rates.

Minimum Loan Amount: $75k

The lending industry standard is usually a minimum of $75,000.

Minimum Documentation

  • Driver’s License/State ID
  • Articles of Incorporation (Inc)
  • Article of Organization (LLC)
  • LLC Operating Agreement
  • EIN Number or Letter
  • LLC Certificate of Good Standing

Ability to Pay Monthly Payment

One of the most important borrower qualifications, is the ability to pay the monthly payments. Private lenders may require at least 6 months of monthly mortgage payments (cash reserves) or they’ll use potential monthly cash flow (rental income).

Ability to Repay the Loan

If you are purchasing an investment property, underwriters will check the fair market rent estimates and average rental prices. If you are refinancing, they’ll ask for a signed lease agreement or they’ll check current rental market trends.

Access to Down Payment

If you’re purchasing a rental property, you may need to put down a 10%-35% down payment. This depends on the purchase price, market value, current interest rates and your credit score.

Investment Property Loans vs Conventional Loans

An investment property loan is an asset-based loan. While a conventional loan, is based on your personal income, tax returns, employment history, financial stability, debt to income ratio, annual debt service, cash balances, credit report, credit score and relationship to the bank. Here are the biggest differences:

Investment Property Loan

These type of rental loans are originated by hard money lenders. Since hard money loans are asset-based, personal income and finances don’t play a role in getting approved.

Borrower Qualifications

  • Property value
  • Fair market rent
  • Potential monthly cash flow
  • Rental track record
  • Borrower’s experience
  • Debt service coverage ratio
  • Credit score
  • Must be a business entity

Conventional Mortgage

Conventional lenders are Chase, Citi Bank, Bank of America and other traditional banks. A traditional mortgage comes with a lower interest rate. However, approval guidelines can be stringent.

Borrower Qualifications

  • 2 years of tax returns
  • 2 years of W-2’s
  • 2 years of bank statements
  • Credit report
  • Credit score
  • Fannie Mae guidelines
  • Ability to pay for your primary residence monthly mortgage payment and rental loan.

Curlee Capital LLC

Curlee Capital’s rental loan is the perfect vehicle to supplement and diversify your real-estate portfolio with 30-year fixed rates. Our credit box offers competitive rates starting at 6.875%. This product is ideal conduit if you have completed a fix and flip and would like to hold the property to generate rental income, or if you simply want to acquire an investment rental.

We’ specialize in rental loans, fix and flip loans, bridge loans, commercial real estate loans and more. We’re part of the Real Estate Council in Austin (RECA), Austin Chamber of Commerce and proudly maintain an A+ rating on Better Business Bureau.

Frequently Asked Questions

What type of rental loan rates are offered?

The current interest rate for a rental loan program starts at 6.875%.

Does my rental property have to be leased before closing?

You do not need a signed lease agreement to get approved. However, if the market rent or appraisal come back lower than expected, a signed lease agreement will help close the deal.

What type of loan is best for a rental property?

The best type of loan is a 30-year asset-based investment property loan for LLC companies. These are commercial loans issued to business entities that are based on the investment property rather than your personal finances.

Can I get a 30 year mortgage on a rental property?

You can qualify for a 30-year mortgage from a community bank if you have sufficient income to cover your monthly expenses, primary residence mortgage payments and you’re in an excellent financial position. However, if you want a loan that’s based on the purchase price and potential monthly income, contact us below.

Investment Property Insurance vs Homeowner’s Insurance

When applying for a rental loan, you’ll need investment property insurance. Rental properties are not owner-occupied and therefore do not qualify for traditional homeowner’s insurance. This is because short-term tenants tend to damage a property more than owner-occupied properties.

Do you offer Commercial Property 30-Year Rental Loans?

The commercial division of Curlee Capital LLC offers 30-year loan options for 1-4 units, retail, office, medical office, mixed-use, industrial, land acquisition or/or refinancing and land A&D loans. We have financed all types of commercial rental properties. Learn more about our commercial loan programs.

Free Consultation

Call us at (512) 399-4476 to discuss how a 30-year rental loan can work for your real estate investment.

Contact us to get:

  • Free consultation
  • Rental loan expertise
  • Less than 1 hour response time
  • Up to 80% LTV




(512) 399-4476


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