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Nationwide Mortgage - Rental Property Loans describing itself
Nationwide Mortgage - Rental Property Loans
San Jose, CA·Founded 1998·Nationwide
Nationwide Mortgage has been based in California since 1998. We have a strong track record with thousand of loans funded, and we have worked with a wide variety of investors. Thanks to years of experience, we are equipped to handle even the most complicated lending scenarios, and we offer excellent service. Nationwide is the right lender if you are looking for:
Loan programs
Offers— no published terms
Terms & qualification
- Typical loan size
- $100K – $30M
- Typical term
- 4 mo – 30 yr
- Interest rate
- 7% – 12.5%
- Origination / points
- 0% to 2%
- Minimum FICO
- 600
- Lien position
- 1st, 2nd
- Prepayment penalty
- Typically at least 4 months
- Payment structure
- Interest Only
- Recourse
- Sometimes
- Closing speed
- 15 days typical · 5 days fastest
- Cross-collateral
- Yes
- Equity / JV capital
- No
- Income documentation
- Credit Report, Loan Application
- Borrower entity
- Individual(s), LLC, Limited Partnership, Trust, Corporation