Rental Property Loans for
Long-Term Investors

Lock in a low fixed rate on a 30-year loan. Qualify with no personal income check and close within 30 days.

Rental Loans | Property Lineart A


Rates starting at 6.75%

for a 30-year term loan

Flexible underwriting

loans down to 680 credit score and no personal income requirement

Bundle multiple properties together

in a single portfolio loan

Straight-forward approach

with personal guidance from a MoFin team member

Rental Loan

Rental Loan

MoFin currently lends in Alabama, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin and Wyoming. Please reach out to us at if you have any questions.

Single family homes, 2-4 unit multifamily properties, as well as 5-8 unit multifamily and mixed-use properties, townhomes, and condos. We do not lend against modular or mobile homes.
Our minimum credit score is 680 but please note that scores under 700 may be subject to LTV reductions and other requirements.

Max LTV is 80% on purchases and 75% on rate/term refinances and cash-out refinances. On some cash-out refinances we can go to 80% LTV (if your credit score is 700+, it’s seasoned 6 months, it’s rented, and the DSCR > 1.15).

21 – 30 days.

We can pre-qualify your loan once you submit your request to us through our website, by email, or by calling us at 866-900-6634. We’ll provide you with a pre-qualification letter or proof of funds letter if you need one. We will also send you a Term Sheet, which lays out all the terms and conditions of your loan and includes a Closing Cost Estimate. If the Term Sheet looks good, you sign it, pay our $299 application/processing fee, and we move the loan into underwriting.

We handle the appraisal process through what’s called an appraisal management company (AMC). We also submit quotes directly with local appraisers. We try to get you the best cost and turnaround time from a reputable company. As for title work, you are free to pick the title company/firm we work with.

Yes, we can do a cash-out refi. We require at least 6 months seasoning to go off of appraised value. If you have not seasoned title for 6 months, our loan amount will be limited to 90% – 100% of your total cost basis (purchase price + documented renovation costs).

Yes, we can lend to your LLC, corporation, or inter vivos revocable trust.

Yes, all members of the entity must give a personal guaranty at closing. That means everyone involved in the transaction, regardless of whether they own 1% or 99% of the ownership in the entity will have their credit & background checked.

No, the down payment must be sourced from the borrower.

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