Frequently Asked Questions

Communication and service come first. We keep the process simple, send you updates before you have to ask, and aim to beat your expectations from the first call to closing.

Both. You can close in your personal name or in an entity such as an LLC, corporation or trust.

Loans start at $75,000 and can go up to $5 million, depending on the deal.

Every state except Alaska, Hawaii, Nevada, North Dakota, South Dakota and Vermont.

Loans can be set up with or without one. In general, a lower or no prepayment penalty means a higher rate.

It depends on the property and the loan. Share a few details about your deal and we'll quote the best rate available to you.

Both. Depending on the deal, we either broker your loan or fund it with our own money through our sister company, Beltway Assets. Either way, we handle your loan from the first call to closing.

Through an origination fee collected at closing. If your loan doesn't close, we don't get paid, so we're on the same team.

Property details: address, estimated value, purchase price, monthly rent, annual taxes and insurance. For a fix and flip, add the rehab estimate and after-repair value (ARV).

A long-term loan, usually 30-year fixed, that qualifies on the property's rental income instead of your personal debt-to-income ratio. It's built for investors who want to grow without the red tape of a standard mortgage.

Most borrowers have 660 or higher. Lower scores are reviewed case by case, so reach out either way.

A valid ID, 2 months of bank statements and a soft credit pull. No tax returns, W-2s or employment verification.

30-year fixed, no balloon payment. A 40-year term is also available.

Monthly rent divided by the full monthly payment: principal, interest, taxes and insurance.

We can still close it, but leverage may be lower than usual.

Market rent can be used, including on vacant properties.

Generally no. You can usually refinance a vacant property.

Yes. Rent is verified a little differently than for a long-term rental.

Yes, both.

As little as 10 days on simple files; typically 3 to 4 weeks.

There's no hard minimum. Credit isn't a hard stop: call us and we'll look for a way to make the deal work.

No. First-time flippers can qualify; more experience can earn better terms.

Many clients put down as little as 10%. We can fund up to 90% of the purchase and 100% of the rehab, subject to underwriting.

Yes. Properties that need work are our bread and butter, even if they aren't livable at purchase.

Rehab funds are held in escrow and released in draws as work is completed. Send photos of the finished work to request a draw.

Typically 6 or 12 months.

As fast as 5 days; generally 2 to 3 weeks.

These are short-term loans for properties that need renovation or a fast closing, so they carry more risk than a long-term rental loan. They're a tool to buy and renovate, then sell or refinance.

Sell the property to pay off the loan, or refinance into a 30-year DSCR rental loan with us: same team, long-term terms.

One DSCR loan covering several rental properties: one loan, one monthly payment, less paperwork.

At least 2. There's no maximum.

A mix of single-family, multifamily, condos and short-term rentals.

No. We look at how the properties perform, not your W-2s or tax returns.

Usually just under 30 days.

Yes. See Invest with Beltway for how it works, or call us to talk it through.