Rental Loans
REI Loans offers term rental loans for investors looking at new acquisitions for residential properties with the intent to hold the property for an extended length of time, and for investors interested in refinancing currently-owned investment properties. Portfolio loans available for 5 or more rental properties.
Typical terms
Loan Type
30-Year Fixed-Rates
5/1, 7/1, 10/1 ARMs
All loans have a 30-Year Amortization
Up to 80% LTV
Loan Amounts
Minimum $75K to a maximum $2M
Eligible Properties
Single Family Residence
2-4 Unit Properties
Warrantable Condos
Eligible Borrower
U.S Citizens
Permanent Resident Aliens
Non-Permanent Resident Aliens
Foreign Nationals
LLCs, Limited Partnerships, General Partnerships, Corporations
All States except Alaska, Nevada, North Dakota, Oregon, South Dakota, Utah
Minimum FICO is 640
Required Docs
1 Month Bank Statement
List of current properties owned (REO schedule)
Lease (if currently rented)
Sales Contract (if purchase)
Corporate entity documents (articles/ certificate of formation and operating agreement)
Driver’s License
Pre-Payment Penalty
Term: 3 Years
Type: 80% of 6 months interest
Buy down options available
Origination Points
Minimum origination fee to REI Loans is $1500
$495 SFR and $550 for 2-4 units Appraisal Fee (Due at the time of approval)
$895 Documentation Prep (Due at Closing)
$100 Loan Processing (Due at Closing)
Cash Out Eligibility
and Restrictions
  • Six months since prior financing or date of purchase is required.
  • Delayed Financing Exception per FNMA permitted and prior Bridge Loans with REI Loans qualify.
  • Loans not eligible for cash-out: Properties listed for sale by the borrower in the past three months.