LOAN PRODUCTS | SINGLE PROPERTY RENTAL
Property Type
Single Family/2-8
Units/Townhomes/PUD/Warrantable
Condos Mided Use (50%+ Residential) No Seasonal/Vacation Rentals/AirBnb Allowed
Loan Amounts
$50,000 - $20,000,000 +
Loan Types
30-Yr Fixed Rate Mortgage (Fully Amortizing)
5/1, 7/1 And 10/1 Hybrid ARMs (Partial IO Or Fully Amortizing)
Term Length
30 Years
Maximum Loan to Cost (LTC)
If Owned > 180 Days, No LTC Limit
If Owned < 90 Days, 80% Of Purchase Price
If Owned Between 91 And 180 Days, Additional 5% Haircut On
Max Allowable LTV

Minimum Debt Service Coverage Ratio
Single Property: 1.20x (Gross Rent/PITIA)
Recourse
Non-Recourse With Bad Boy Carveouts & Pledge Of Equity
Minimum Guarantor FICO
Single Property: 620
Lease/Rent Requirements
Leased Units: Lower Of In-Place Rent & Market Rent
Unleashed Units: 90% Of Market Rent
Competitive loan rates. Finance your rental property with Remedy Mortgage. Find the right rental loan program for you & apply with one of Remedy's professionals today. Purchase, Refinance, or Build. We provide 30 Year Term Mortgage. 5/1 , 10/1, 30/30 Year Fixed to Adjustable terms. Our loans can be interest only for up to 10 years which creates much great short term cashflow for the investor. Majority of banks will not provide this loan product. Our lending solutions for single family rental homes are flexible for your individual needs. Single Family Residences (SFR); 2-4 unit propertiesl Condos; Townhomes. Non-Owner Occupied