Long Term Rentals & Short Term Rentals
No Red Tape and Priority Financial Network are DBAs of PFN Lending Group, Inc., a Direct Lender
With access to leading Wall Street banks, asset managers, insurance companies and REITs we're able to provide market leading pricing to Real Estate Investors.
Nationwide, we lend on Single Family Residences, Condominiums, Condotels, 2-8 Unit Mixed Use and 2-8 Unit Apartments
Nationwide, we lend on Single Family Residences, Condominiums, Condotels, 2-8 Unit Mixed Use and 2-8 Unit Apartments
We only do DSCR loans, so we're good at it, which our Clients appreciate.
DSCR (debt service coverage ratio) = Gross Monthly Rents from a lease or from markets rents on the appraisal divided by the Housing Payment (PITIA for full amortization or ITIA for interest only)
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What Our Customers are Saying about our DSCR Loans...
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Get AnswersSome fun facts about our DSCR Lending Platform
7+
Billion Funded
17,000+
Happy Clients
48+
States we lend
1
Digital Platform
24/7
Support Anytime
We typically offer our best terms for these properties: Single Family Residences, Warrantable Condominiums, Townhomes and PUDs.
2-4 unit properties have better terms than 5-8 unit properties. Some mixed-use properies allowed.
Some condominiums can be tricky but we're here to help.
We have 30 & 40 Year loans with or with intesest only options. Interest only options apply for to the first ten years of the loan.
Financis is available for US Citizens, Green Card Holders, Non-Permanent Resident Aliens and Foreign Nationals.
Our typical loan size ranges from $75,000 to $3,500,000 though we can do exceptions up to $10,000,000.
Though we specialize in DSCR Loans we can qualify Borrower's other income sources.
We handle transactions to purchase properties and refinance properties with up to 100% cash out.
We can do primary mortgages, or second mortgages that subordinate to primary mortgages.
Copyright © 2022 ALTRA Mortgage Capital LLC. All rights reserved. ALTRA Mortgage Capital LLC is the owner of all related designs, trademarks, copyrights, and other intellectual property. Rates, fees and programs are subject to change without notice. Other restrictions may apply. PFN Lending Group, Inc., DBA NOREDTAPE Equal Housing Lender. NMLS #103098 - nmlsconsumeraccess.org.
