Single-Family Rental Portfolios

1. Single Asset Program

In our portfolio mortgage financing, a loan designed to secure or buy a single property is known as a single asset program. Although, it can be any of the kind we covered above.

Apart from the act of acquisition, you can also use our single asset program to cover cash-out and refinancing mortgages.

Several added benefits of our portfolio mortgage financing include:

• Range of fixed rates from 5.99 - 7.5%

• 5/1 ARM – 7/1ARM – 10/1 ARM and 30-year loan options

• 30-year amortization

• Interest Only Options 

• Declining PPP (Prepayment Penalty): 3%, 2%, 1%

• Up to 75% LTV (Loan-to-Value) for purchasing, refinancing or cashing out 

• Up to 80% of the purchase price

• 1-2% of the origination fee is paid from loan proceeds at close 

Loans can begin at as little as $50,000.

2. Blanket Mortgage Loan

Do you have your eye set on multiple properties, not just one? In such scenarios, you may consider that your only choice is to take out a loan on each property that you wish to buy.

However, past a certain point, this is impossible with traditional lenders. Most do not want to offer loans to investors who already have a few mortgages. FNMA’s guidelines have a limit of 10 for a single investor. 

That is when you want the services of a portfolio mortgage financing company like ours. We are not concerned with how many mortgages you already have.

Additionally, Coldesina Capital also offers blanket loans. These are an ideal solution for someone who is looking for financing option to scale up your portfolio quickly.  The name blanket mortgage loan comes from its characteristics because such loans act like a blanket and cover more than just one property.

Therefore, instead taking out 10 separate mortgage and making 10 monthly repayments, you can simple rely on taking out 1 mortgage for 10 properties and pay a single repayment on a monthly basis. However, there is no set limit of how many mortgages you can cover in a single blanket loan. 

So what if you do not need a new mortgage, you can still use our blanket mortgage loan to consolidate all your loans into a single financing option. In such cases, you can use our loan to bring together all your mortgages/loans under one umbrella. This will not only help you save time but also save a decent sum of money.

3. Vacation Rental and Airbnb Mortgages

Over the ten years, Airbnb trend has revolutionized the entire hospitality industry like never before. Prior to the year 2008, people would simply plan to stay in a motel or hotel when travelling. They may opt for a cheaper option such as a bed and breakfast. However, now, you can literally stay at someone’s’ actual home when visiting a destination. 

That's why Airbnb has also revolutionized the way many people generate income. By turning your personal habitat/home into a potential asset, just about anyone of u can start earning a little bit of extra on the side on a weekly or monthly basis. 

As a result, more and more rental property investors are turning to Airbnb loans to secure new homes for their portfolios.

Firstly, there is no official Airbnb mortgage. The term refers to four common options investors turn to when they want to purchase a property listed on the popular site. These are:

• A traditional mortgage

• An investment property mortgage

• Asset-based loan

Most investors would actually prefer to by multiple homes for their Airbnb customers. In such cases, you can opt to use our fourth option, which is also known as the aforementioned blanket loan.