Why Choose PowerCap?
Rental Loan
Rental loan offers access to long-term financing for investors to unlock existing equity, consolidate debt or purchase new rental properties.
1–4 Unit Bridge & Construction Loans
Flexible short-term financing solutions for investors to purchase new properties, refinance existing investments or fund renovation
Small Balance Multifamily Bridge & Construction Loans
Comprehensive financing solutions for multifamily properties
Rental Loan Program Highlights
No Income Verification: Qualify based on property cash flow, not personal income.
Tailored DSCR Loan Programs to Fit Your Needs
- Loan Amounts: Up to $3 million($5 million upon exception)
- Credit Score: Minimum FICO of 660*
- Property Types: SFR, 2-4 Units, Condos, Condotel, Non-Warrantable Condo
- Occupancy: Investment properties only.**
- Terms: 30 & 40-year fixed, 5/6 & 7/6 ARM options, Interest Only payment options.
1-4 Unit Bridge & Construction Loans Program Highlights
LENDER FUNDED REHAB Fix and Flip
EXPERIENCE
LTC
LTARV
≥ 6 PROJECTS
90%
70%
3–5 PROJECTS
85%
70%
1–2 PROJECTS
80%
65%
GROUND UP / HEAVY REHAB
EXPERIENCE
LTC
LTARV
≥ 6 PROJECTS
85%
70%
3–5 PROJECTS
85%
70%
1–2 PROJECTS
75%
60%
BRIDGE
PURPOSE
LTARV
PURCHASE
75%
RATE AND TERM
70%
CASH OUT
60%
Flexible short-term financing solutions for investors to purchase new properties, refinance existing investments or fund renovation DSCR Loan Programs to Fit Your Needs
LOAN TERMS 12–24 MONTHS
PROPERTY TYPE: SFR | 2–4 UNIT | PUD
Max Loan Amount
$2,000,000 (higher by exception)
Amortization
Fixed Rate Interest Only
Prepayment Penalty
None (min 6 months interest required)
Occupancy
Investment / NOO only
Cash Out Proceeds
Max cash in hand – $500,000
Eligible Borrowers
Business entity with personal guarantee
(U.S. Citizen or Permanent Resident Alien)
Credit
680 Middle/Median FICO Score
Experience
Similar projects completed in the last 36 months
Small Balance Multifamily Bridge & Construction Loans Program Highlights
- Loan Size: $1,000,000 - $5,000,000 (may consider larger with compensating factors)
- Property Types: Multifamily 5+ units (mixed use allowed case by case)
- Transactions:Acquisition and Refinances; lease up, value add rehab & heavy rehab
- Loan to Value:Up to 80% LTV (non-rehab loans)
- Loan to Cost:Up to 85% LTC (for rehab loans)
- Term:12-24 months with extension options
- Amortization:Interest only
- Spread:SOFR + 450-550 basis points
- Floating Rate:Start rate is floor, 0.25% Spread Cushion
- Origination Fee:1-2%
- Exit Fee:0-1%
- Recourse:Recourse and Non-recourse options available
- Minimum Interest Period:3-6 months
Other Notes:
No interest charged on undrawn funds
Loans must pass profitability test
How It Works
Simple Steps to Secure Your DSCR Loan
1. Apply: Complete our broker application to get started.
2. Submit: Provide the necessary property and borrower information.
3. Review: Our team evaluates the property's cash flow and other criteria.
4. Close: Benefit from our efficient processing and close your loan swiftly.
(Click below to get started)