©2016 BY Monette Properties, LLC 

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Monette Properties, LLC

7740 Dale Ln Houston, TX 77040

409-223-2720
 

Rental Property Loans

  • Single property loans to both novice and seasoned investors

  • 30 year term with full amortization and fixed rate.

  • Loan amounts $75,000 - $750,000

  • Max Loan-to-Value (LTV) Purchase: Funding up to 80% of purchase price or appraised value

  •  Refinance: Funding up to 75% of appraised value

  • Rate: 6.50% - 9.00%

  • Cash Flow Requirement:  ≥ 150K value: Max 85% PDTI < 150K value: Max 70% PDTI

  • Borrower:  Individual or LLC Credit 660+

  • Non-owner occupied: Single family residences, 2-4 family units, Condos, Townhomes