Products overview | Black Square Lending

An Overview of Black Square Residential Rental Loan Programs

Black Square is the nation’s leader in rental loans because we offer the fastest, simplest, and most dependable mortgage financing to enable investors to grow their rental portfolios. Now we want to give you a consolidated overview of our residential rental loan programs: Single Asset, Portfolio, and Vacation.

Single Asset / Fix & Flip / 30 Year Long Term

Loan Amount- $45,000- $2 Million (call for higher amounts)

Use Case- Rate & Term Refinance, Cash-Out Refinance, Purchase

Rate Structure- 5/1 ARM, 7/1 ARM, 30-Yr Fixed

Loan Term- 30 Years, No balloons

Loan-to-Value (LTV)- 75% Purchases, 70% Refinances

Minimum Property Value- $100,000 (higher minimums in certain areas)

Minimum Credit Score- 680

Reserves Requirement- 3 Months PITIA (Principal, Interest, Taxes, Insurance, and Association Dues)

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Portfolio Loan Program

Number of Properties- 4-8

Loan Amount- $300,00 – $2 Million (call for higher amounts)

Use Case- Rate & Term Refinance, Cash-Out Refinance

Rate Structure- 5/1 ARM, 7/1 ARM, 30-Yr Fixed

Loan Term- 30 Years, No balloons

Loan-to-Value (LTV)- 70%

Minimum Property Value- $100,000 (higher minimums in certain areas)

Minimum Credit Score- 680

Reserves Requirement- 3 Months PITIA (Principal, Interest, Taxes, Insurance, and Association Dues)

Learn more

Vacation Rental – Small Capital and Small Business Loans

Loan Amount- $45,000- $2 Million (call for higher amounts)

Use Case- Rate & Term Refinance, Cash-Out Refinance, Purchase

Rate Structure- 5/1 ARM, 7/1 ARM, 30-Yr Fixed

Loan Term- 30 Years, No balloons

Loan-to-Value (LTV)- 75% Purchases, 70% Refinances

Minimum Property Value- $100,000 (higher minimums in certain areas)

Minimum Credit Score- 680

Reserves Requirement- 6 Months PITIA (Principal, Interest, Taxes, Insurance, and Association Dues)

Learn more

Are you looking for fix and flip loans? Black Square is a fix and flip lender. We help you secure hard money construction loans from our hard money lender for rental property. When you’re looking for lenders for real estate investors, or private investor for real estate. We can provide rental property financing because Black Square is a rental property lenders.