Introducing The Long-Term Rental Loan Program From DLP Lending
Get a Partner for the Long Term with DLP Capital. Our Rental loans offer 5/1 ARM, 7/1 ARM, 10-year interest-only, and 30-year fixed terms with flexible, competitive terms on single-family and multi-family properties. Bridge your existing flip loan into this program, or build your portfolio with our high leverage purchase, refi, and cashout options.
- 5/1 ARM, 7/1 ARM, 10-year interest only, & 30-year fixed terms
- Single family, multi-family (2-4 units), townhouses, and condominiums
- No income qualification required
- DSCR from 1.00x
- Loan amount up to $2,000,000
It Just Takes A Couple Steps To Get Financing For Your Rental Property
We make it simple. Just fill out an application, and our in-house underwriting team will get to work. We’ll work with you to lock in the best rate and terms for your deal; plus, we cut out the middle man, so your loan can close faster than traditional lenders, with less red tape.
3 Easy Steps
Submit Your Application
Fill out our online application with the details of your deal. A Funding Specialist will review and help evaluate your next steps.
Get pre-approved on a DLP Preferred Line of Credit with up to $10,000,000 and don’t miss another opportunity.
Build Your Portfolio
Once approved, underwriting for your real estate properties is quick and easy. Whether you’re flipping or undertaking a buy and hold strategy, scale to the next level with DLP.
East-To-Follow Lending Terms
Our lending terms are designed to be borrower-friendly, and are built on our common sense approach to underwriting. We’re here to deliver best-in-class support, and we know how quickly deals need to be done. Take a look at our terms below, and see if DLP Capital is the right capital partner for you.
|Property Type||Single Family Residential, Multi-Family (2–4 Units), Townhouses, Condominiums|
|Purpose||Purchase, Refinance, Cashout|
|Lending Area||AL, AK, AR, CO, CT, DE, FL, GA, HI, ID, IL, IN, KS, KY, LA, MD, MI, MS, MO, MT, NE, NJ, NY, NC, OH, OK, PA, RI, SC, TN, TX, UT, VA, WA, WV, WY|
|Loan Amount||$75,000 to $2,000,000|
|Leverage||Up to 80% LTV (Up to 75% LTV for Cashout)|
|Loan Term||5/1 ARM, 7/1 ARM, 10-Year Interest Only, 30-Year Fixed|
|Appraisal & Inspection Fees||From $695 (paid upfront, pass-through cost)|
|Loan Origination Points||From 1.75%|
|Processing & Underwriting Fee||From $995 (paid at settlement)|