Blanket Portfolio Loan

CRE BLANKET & PORTFOLIO LOAN PROGRAM

With Express Capital Financing loan options, you can use blanket and portfolios loans to cover gaps in financing over multiple properties all at once. Real estate investors and property developers can now fund projects that require financing for acquisitions, renovations, and refinancing instead of taking out loans for each property. Reduce your needs for loan consolidation by using blanket and portfolio loans.

PROPERTY TYPES

Properties We Finance:

Single Family Residential

Multi-Family

Condominiums

Townhomes

BLANKET & PORTFOLIO LOAN PROGAM DETAILS

Property Type Single Family Residential, Multi Family 2-4 Unit & 5-50, Condo, Townhomes.
Min. unit count is 5 Units (ex: 1 Duplex & 1 Triplex OR 5 SFRs)
Minimum Properties 2 Properties
Loan Amount Minimum loan size of $150K
Rates from 4.5+
Loan to Value Max LTV 75% – Cash out 70%
Loan Term 10 Year Term, 30 Year Amortization.
5,7,10 Year Balloons Yield Maintenance Up to Last 6 Months of Terms.
Rent Coverage Ratio 1.20 (1.25 for loans under 1 million)
Rehab Financing N/A
Proceed Usage purchase, or refinance
Those Who Qualify Foreign national—ok
Points 1-3%
Minimum Values SFH 50k each – and 2-50 units, 40k per unit
Recourse Non-Recourse
Credit Score Min 680

TAKE THE NEXT STEP

FAST CLOSINGS AND COMPETITIVE PRICING

Get preliminary approval within 24 hours.
Click the button and fill out our form, or give us call us at 718-285-0806

Fill out our portfolio submission form to see if you pre-qualify today!