INVESTOR LOANS · LONG-TERM RENTALS

Long Term Rentals

Finance an eligible long-term rental using property cash flow and DSCR.

LONG-TERM RENTAL LOAN

Program and loan details

INVEST WITH NONI

NONI uses property DSCR to support eligible long-term rental purchases and refinances. Qualification focuses on rental income, property cash flow, and market rents. Eligible title structures include LLCs, corporations, and trusts.

Loan amount

NONI: $100k to $3.5mm; nearNONI: $100k to $3.0mm

LTV purchase

Up to 85% LTV, subject to eligibility and program guidelines

LTV refinance

Up to 80% LTV on Rate and Term with 75% Cash-Out options available, subject to eligibility and program guidelines

Amortization

30- and 40-year amortization available

Terms

7/6 ARM, 10/6 ARM, 30-year fixed, and 40-year fixed with I/O; interest-only options available

Interest rates

Rates vary by scenario and market conditions and are subject to change. Let’s review your file for a personalized quote

Recourse

Full recourse. Personal guarantee required from all owners

DSCR requirement

1:1 or greater = NONI; below 1 = nearNONI

Vesting

Individuals, LLCs, corporations, and trusts; trusts reviewed case by case

Time to close

30 to 45 days

GET AN ESTIMATE

Share your financing scenario.

Submit the property and financing details needed for a personalized estimate. The review is free.