Sellens Real Estate Lending
Professional Real Estate Lending since 1991
Are you an Investor looking for financing to acquire more single
family residence properties and you already own more than 4 real
estate properties before the new acquisitions. The properties show
ownership when the credit is run and the properties are financed.
One solution is a Blanket Loan.
It is hard to find programs with the best interest rates for single family residence property investors in real estate that have financed more than 4 to 10 real estate properties, including their principal residence.
However, there is a way to handle bundling the borrower's investment properties, but the rate will be higher.
I have a new Blanket Loan Program to take some of the financed SFRs off your credit report. The cost is kind of high, but if you presently have small balance loans, to combine together, it might not be bad:
Loan programs constantly change, so please call for the latest loan program information.
I am always looking for these types of loan programs. Investors really need them now. The only other program I found (which required 740 plus score) has now gone away. But, I will look hard to find other new programs.
Please contact me to get more details on these real estate investor Blanket property loans. Programs change all the time. Judy@sellenslending.com
If you borrowed money from SBA, they would want to encumber your business as well as your home.