Rental
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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 | $75,000 Minimum Loan Amount | $1 Million Minimum Loan Amount |
Primary Focus | Blanket loans and portfolio’s, SFR, 2-4 units, Townhomes, Condos, Manufactured homes | Multifamily, Mixed-use, Senior and student Housing, Industrial, Storage, Office, Retail, hospitality |
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 80% Buy & Hold Up to 80% Rate & Term Refinance Up to 85% Cash-out Refinance | Up to 85% Buy & Hold Up to 80% Rate & Term Refinance Up to 75% Cash-out Refinance |
Recourse | Non-recourse on a case-by-case basis | Generally, Non-recourse |
Amortization | Generally, 30 years amortization.
Interest-only available | 15, 25, and 30 years amortization or Interest-only available |
Interest | Starting at 5.5% | Starting at 3.75 % |
FICO | 650+ | 650+ |
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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