NO-DOC RENTAL LOANS 

Are you looking for a hassle-free way to finance investment property?

Our no-doc rental property loans are one of the best loans for investment property.
Designed for investors seeking a fast and easy investment property loan solution.

 

 

Why use a no-doc rental
property loan?

They are less hassle. These loans require little documentation, making for an easier and faster process overall.

They offer competitive rates. Interest rates are competitive on these loans, particularly if your credit score is high (think 720 or higher). Rates start in the low 7% range.

They come with flexible terms. Choose from 30-year fixed rate, adjustable-rate, and interest-only loans. They have fast funding in 2-3 weeks.

Simple Loan Requirements

  • No tax returns, no income verification
  • No rental income, no lease required
  • No DSCR option (debt service coverage ratio)
  • No reserves

GET PRE-APPROVED

Close with confidence.

 

Buying an investment property with a No-income doc Rental Loan

Our rental loans are designed specifically for real estate investors who want to invest in property. We simplify the process, so you can focus on what’s important – finding the right property and making money from it.


Simply put, No-income doc rental loans offer a no hassle qualifying with a faster loan process, great low rates and steady monthly payments for the long haul – an ideal arrangement for investors looking to buy and hold investment property.

pushing buttons on calculator in front of home building
real estate investor holding papers in front of house

Refinancing an investment property with a No-income doc Rental Loan

Investors can see big benefits from refinancing into a No-income doc investment property loan. Getting cash-out to free up funds for maintenance, repairs, and other expenses is a smart move. Tap into your property’s equity with a cash-out option, for further property improvements or build on your rental portfolio and buy your next rental property.
For real estate investors with a hard money loan coming due, refinancing into a longer-term investment property loan is a good strategy to build passive or monthly income.

BENEFITS OF USING A NO-DOC RENTAL LOAN

The No-doc investment property loan is different than any other real estate investor loan program out there. It requires no income estimation or documentation at all No Ratio/Stated income. There is no rental income cash flow calculation needed. This can be a huge benefit to investors, who often have difficulty qualifying for traditional loans.

 

  • 30-year fixed interest rates starting in the mid 7’s
  • Loan amounts from $250,000 to $5 Million
  • Buy or refinance up to 80% of property value
  • Property types: Single family, condo, townhome, and 2-4 units
  • Interest only option, 40-year fixed term, 10-year interest only period converts to principal and interest payment
  • Investment property can be purchased or refinanced under an LLC, corporation, or your individual name
  • Lightning fast close in 2-3 weeks

What to expect with a No-Doc Rental Loan

We strive to make the loan process as streamlined and easy as possible for our borrowers. Download our free eBook below to learn:

  • Exactly what no-doc rental property loans can be used for
  • Why your Debt Service Coverage Ratio (DSCR) matters
  • How your credit score will affect your down payment
  • What to do if appraised rents come in low

businessman-talking-on-his-phone
model of house with house keys; use loan rate calculator

Are you ready to refinance your rental property or tap its equity to buy a new one?

You can use our Loan Rate Calculator to calculate out your monthly payments.

Get a fast pre-approval in just 24 to 48 hours.

Know your rate and closing costs from the very start.