January Insights Newsletter
With the new year under way, we’re excited to keep you informed with the latest loan rates, expert insights, and recent funding highlights. Dive in to see what’s new!
The Benefits of DSCR Loans
An excellent financing option offering flexibility, ease and speed.
Debt Service Coverage Ratio (DSCR) loans have emerged as one of the hottest financing options for real estate investors. DSCR loans enable borrowers to qualify for financing based on a property's cash flow instead of personal income. Investors should consider a DSCR loan if the property generates reliable rental income, the investor is looking to grow their real estate portfolio quickly, or borrower personal financials are complicated or not conducive to conventional lending requirements.
$1.9M DSCR Loan at 6%
Check out a recent rate reducing DSCR Multifamily Purchase
Dillon Freeman supported the successful closing of this $1.9 million DSCR loan for an 11-property rental portfolio in Philadelphia. The loan included a cash-out component and came with a significant rate reduction—from mid-8% to an incredible 6%. Delivering added capital and interest rate savings, strategic refinances like this can be a game-changer for growing rental portfolios.
Investor Insights
San Diego Multifamily Capital Markets Update
Navigating the Challenges of San Diego’s Multifamily Market
The multifamily capital markets in San Diego have faced increasing pressures in recent months due to rising rates and shifting economic conditions. However, there are still strategic financing opportunities available to investors and property owners who understand the landscape.
In a recent update, one of our experienced loan officers dives into the latest data and trends shaping the San Diego market. From cap rate movements to current LTV expectations, this article offers valuable insights into how today’s conditions are impacting multifamily financing—and what you can do to stay ahead.
Discover how Fidelity Bancorp Funding’s flexible loan solutions are helping clients secure competitive multifamily financing even in this challenging environment
Loan of the Month
Excited to share that Tara Sauerbrey executed this $4.2 million rate and term refinance for this high-net-worth borrower. The bridge loan provided the flexibility the borrower needed, including no prepayment penalty, to renovate and sell all 9 condos for this exceptional property.
