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Long Term
Rental Financing
Loan Criteria

Obtain Long Term Rental Financing with
30 Year Terms

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Spark The Possibilities

FireLight Capital Long Term Rental Loans
Collateral

Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes; Planned Unit Development (PUD)

LTV

Purchase: The Lesser of Up to 80% of the As-Is Value or Up to 80%

Loan-to-Cost

Refinance: Up to 80% of the

As-Is Value

Cash-Out: Up to 75% of the As-Is Value

Loan Amount

$55K -$2M

Term

30 Years

Property Value

"As-Is" Appraised Value Must Be Greater than $50K

Credit Score

660 Minimum

Long Term Rental Financing-Debt Service Coverage
Ratio (DSCR)

1.10

Long Term Rental Financing-
Property Value

"As-Is" Appraised Value Must Be Greater than $100K

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