Rental Portfolio Loan

A rental portfolio loan is a type of mortgage loan designed specifically for individuals who own multiple rental properties. These loans allow borrowers to consolidate the mortgages on their rental properties into a single loan, often with more favorable terms than individual mortgages.

Key features of rental portfolio loans include:

  • Consolidation: Combining multiple mortgages into one loan.
  • Lower interest rates: Potential for lower interest rates compared to individual mortgages.
  • Simplified management: A single loan payment can simplify the management of rental properties.
  • Flexible terms: Loan terms can be customized to meet the borrower’s specific needs.

However, rental portfolio loans may have stricter underwriting requirements and may not be available from all lenders.

When considering a rental portfolio loan, it’s important to compare interest rates, terms, and fees from different lenders to find the best option for your investment needs.

Back to top button