Rental
Grow Your Rental Business
Onyx Funding is the nation’s leading brokerage in long term loan origination for two years in a row. Weather you have a single property or a large portfolio, we got you covered.
Maximize cash flow and optimize short and long-term strategies with the industry’s most competitive programs in refinance, cash-out or buy & hold rental properties.
Our Loan Parameters
Type | Residential 1-4 | Commercial |
|---|---|---|
Loan Amount | $150,000 loan amount ($50,000 Minimum property value in a portfolio) | $1 Million Minimum Loan Amount |
Primary Focus | Single asset and Blanket loans / portfolio’s.
Short-term rentals, SFR, 2-4 units, Townhomes, Condos, Manufactured homes | Multifamily, Mixed-use, Senior and student Housing, Condominiums |
Loan Term | 5,7,10 ARM’s and 30 year fixed rate available | 5,7, and 10-year fixed rate available 30yr fixed on case by case basis |
Maximum LTV/LTC | Up to 85% Buy & Hold Up to 80% Rate & Term Refinance Up to 75% Cash-out Refinance | Up to 85% Buy & Hold Up to 80% Rate & Term Refinance Up to 75% Cash-out Refinance |
Recourse | Typically full recourse | Generally, Non-recourse |
Amortization | 30 years amortization. Interest-only available. | 15, 25, and 30 years amortization or Interest-only available |
Interest | Starting at 3.5% | Starting at 2.8 % |
FICO | 600+ | 600+ |
Customized Lending
Onyx Funding is a full service commercial real estate firm that provides creative finance solutions.
We specialize in debt and equity funding for commercial real estate properties nationwide with a focus on building long lasting relationships and providing white glove service.
We provide sponsors with capital through our various capital sources.
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