Investments

FirstKey Lending launches rental financing program

Caters to investors seeking $1 million to $5 million loans

FirstKey Lending, which specializes in providing financing to investors in one- to four-family residential rental properties, launched its FirstKey Lending Express lending program.

The new program is tailored to serve investors seeking loans of $5 million or less to acquire new properties or to refinance their existing debt. 

"The FirstKey Lending Express program is specifically designed to meet the unique needs of investors looking to borrow up to $5 million for their rental portfolios," said Randy Reiff, CEO of FirstKey Lending.

"Investors with rental property portfolios under $5 million represent the largest segment of this market, yet they have historically had limited access to capital. We are pleased to introduce the FirstKey Lending Express program to these historically underserved investors," Reiff added.  

Most Popular Articles

Is the housing market already rebounding from COVID-19?

In early April, HousingWire Columnist Logan Mohtashami wrote about five indicators that would show when “America is back.” Now, he’s checking in on each data point to see where the U.S. housing market stands.

May 26, 2020 By

Latest Articles

[PULSE] Does the mortgage industry view foreclosure as a last resort?

Even in normal conditions foreclosure is a cumbersome solution to the problem of the defaulting borrower. It can produce vacant and abandoned properties, because as soon as the residents receive notice that the house will be going into foreclosure, they face uncertainty about when they will be ousted, which prompts many to vacate the premises before getting thrown out.

May 28, 2020 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please