| Rental30® | Rental30 Premier® |
| Purpose | Long-term rental property loan, purchase, or refi For one property or small portfolios (<$1MM) | Long-term rental property loan, purchase, or refi For portfolios of 5+ doors, $500K minimum loan |
| Property Type | Single-family, 2-4 units, townhomes, condos All non-owner occupied | Single-family, 2-4 units, townhomes, condos All non-owner occupied |
| Term | 30-year fixed with full amortization 5/1 ARM with 30-year amortization 5/1 interest only with 25-year amortization 10/1 interest only with 20-year amortization 2-year interest only with 1-year extension option | 30-year fixed with full balloon 5/1 ARM with 30-year amortization 5/1 interest only with 25-year amortization 10/1 interest only with 20-year amortization 2-year interest only with 1-year extension option |
| Rate Range | Starting at 5.40% Varies based on cash flow, terms, LTV, FICO, prepay option | Starting at 4.95% Varies based on cash flow, terms, LTV, FICO, prepay option |
| Loan Amounts | $50K to $1MM | $500K+ |
| Max LTC/LTV | Up to 75% | Up to 75% |
| Prepay Penalty | Declining points or yield maintenance options. Varies based on selected terms. | Declining points or yield maintenance options. Varies based on selected terms. |
| Non-recourse | Full recourse | Non-recourse, with standard bad-boy carveouts |
| DSCR Requirements | >1.30x (Gross Rents/PITIA) | >1.15x (Gross Rents/PITIA) |
| Subordinate Debt | Not allowed | Not allowed |
| Minimum FICO | 660 | 660 |
| Net Worth | n/a | >25% of the loan amount |
| Bankruptcy Foreclosure Short Sale Deed in Lieu | None in the past 3 years | None in the past 3 years |
