Simple, Reliable Financing
for Rental Properties
IX offers landlords effortless access to funding, streamlining the path to maximizing returns on 1-4 family rental properties through flexible, reliable DSCR loans.
Single Rental Property
Rates and Terms
Rate
Starting at 5.23%
Loan Amount
$75K - $2MM
Term
30-year fixed, arm options available
Minimum FICO
660
Experience
Not required
Borrower Type
Entity required
Loan Purpose
Purchase, rate-term refinance, or cash-out of a single rental property
Maximum Loan To Cost(LTC)
If Owned < 3 months, 80% of Total Cost Basis
Maximum Loan-To-Value (Ltv)
Up to 80% on purchase and rate & term
Up to 75% on cash-out
Minimum debt service coverage ratio (net cash flow/debt service)
1.10x
Seasoning Requirement (To Use Value Vs. Cost Basis)
180 days
Recourse
Full Recourse only
Loan type
30-Year fixed rate mortgage (Fully Amortizing)
5/6, 7/6, 10/6 Hyrbid ARMs (Partial IO or Fully Amortizing
Property Types
Single Family Residences (SFR)
2-4 unit properties
Warrantable condos
Townhomes
PUD
Property Or Unit Acquisition Minimum
1 property per loan
Lease Requirements
Leased Units: Lower of (i) In-Place Rent & (ii) Market Rent
Unleased Units: 90% of Market Rent (Purchase Loans only)
Foreign Nationals
not allowed from ineligible country list
Vacancy Maximum
purchases only or leased within 30 days
Rural Properties
Not permitted
Rate
Starting at 5.23%
Loan Amount
$75K - $2MM
Term
30-year fixed, arm options available
Minimum FICO
660
Experience
Not required
Borrower Type
Entity required
Loan Purpose
Purchase, rate-term refinance, or cash-out of a single rental property
Maximum Loan To Cost(LTC)
If Owned < 3 months, 80% of Total Cost Basis
Maximum Loan-To-Value (Ltv)
Up to 80% on purchase and rate & term
Up to 75% on cash-out
Minimum debt service coverage ratio (net cash flow/debt service)
1.10x
Seasoning Requirement (To Use Value Vs. Cost Basis)
180 days
Recourse
Full Recourse only
Loan type
30-Year fixed rate mortgage (Fully Amortizing)
5/6, 7/6, 10/6 Hyrbid ARMs (Partial IO or Fully Amortizing
Property Types
Single Family Residences (SFR)
2-4 unit properties
Warrantable condos
Townhomes
PUD
Property Or Unit Acquisition Minimum
1 property per loan
Lease Requirements
Leased Units: Lower of (i) In-Place Rent & (ii) Market Rent
Unleased Units: 90% of Market Rent (Purchase Loans only)
Foreign Nationals
not allowed from ineligible country list
Vacancy Maximum
purchases only or leased within 30 days
Rural Properties
Not permitted
Rate
Starting at 5.23%
Loan Amount
$75K - $2MM
Term
30-year fixed, arm options available
Minimum FICO
660
Experience
Not required
Borrower Type
Entity required
Loan Purpose
Purchase, rate-term refinance, or cash-out of a single rental property
Maximum Loan To Cost(LTC)
If Owned < 3 months, 80% of Total Cost Basis
Maximum Loan-To-Value (Ltv)
Up to 80% on purchase and rate & term
Up to 75% on cash-out
Minimum debt service coverage ratio (net cash flow/debt service)
1.10x
Seasoning Requirement (To Use Value Vs. Cost Basis)
180 days
Recourse
Full Recourse only
Loan type
30-Year fixed rate mortgage (Fully Amortizing)
5/6, 7/6, 10/6 Hyrbid ARMs (Partial IO or Fully Amortizing
Property Types
Single Family Residences (SFR)
2-4 unit properties
Warrantable condos
Townhomes
PUD
Property Or Unit Acquisition Minimum
1 property per loan
Lease Requirements
Leased Units: Lower of (i) In-Place Rent & (ii) Market Rent
Unleased Units: 90% of Market Rent (Purchase Loans only)
Foreign Nationals
not allowed from ineligible country list
Vacancy Maximum
purchases only or leased within 30 days
Rural Properties
Not permitted
Rate
Starting at 5.23%
Loan Amount
$75K - $2MM
Term
30-year fixed, arm options available
Minimum FICO
660
Experience
Not required
Borrower Type
Entity required
Loan Purpose
Purchase, rate-term refinance, or cash-out of a single rental property
Maximum Loan To Cost(LTC)
If Owned < 3 months, 80% of Total Cost Basis
Maximum Loan-To-Value (Ltv)
Up to 80% on purchase and rate & term
Up to 75% on cash-out
Minimum debt service coverage ratio (net cash flow/debt service)
1.10x
Seasoning Requirement (To Use Value Vs. Cost Basis)
180 days
Recourse
Full Recourse only
Loan type
30-Year fixed rate mortgage (Fully Amortizing)
5/6, 7/6, 10/6 Hyrbid ARMs (Partial IO or Fully Amortizing
Property Types
Single Family Residences (SFR)
2-4 unit properties
Warrantable condos
Townhomes
PUD
Property Or Unit Acquisition Minimum
1 property per loan
Lease Requirements
Leased Units: Lower of (i) In-Place Rent & (ii) Market Rent
Unleased Units: 90% of Market Rent (Purchase Loans only)
Foreign Nationals
not allowed from ineligible country list
Vacancy Maximum
purchases only or leased within 30 days
Rural Properties
Not permitted
Empowering Fix & Flip
Through Simplicity
Empowering Fix & Flip
Through Simplicity
Quick Close
Quick Close
IX offers a streamlined, efficient underwriting process with minimal paperwork. Benefit from our optimized, tech-driven funding system designed to close deals fast and hassle-free.
IX offers a streamlined, efficient underwriting process with minimal paperwork. Benefit from our optimized, tech-driven funding system designed to close deals fast and hassle-free.
Flexible Lending
Flexible Lending
IX offers aggressive leverage with up to 90% of purchase, 100% rehab financing, and 70% of after-repair value. Whether it's a $50,000 light rehab in the Midwest or a $20 million fix and flip in Hollywood Hills, we've funded them all.
IX offers aggressive leverage with up to 90% of purchase, 100% rehab financing, and 70% of after-repair value. Whether it's a $50,000 light rehab in the Midwest or a $20 million fix and flip in Hollywood Hills, we've funded them all.
IX offers aggressive leverage with up to 90% of purchase, 100% rehab financing, and 70% of after-repair value. Whether it's a $50,000 light rehab in the Midwest or a $20 million fix and flip in Hollywood Hills, we've funded them all.
Expert Guidance
Expert Guidance
IX's AI streamlines your loan process, with dedicated customer support and expert guidance to ensure a smooth closing every step of the way.
IX's AI streamlines your loan process, with dedicated customer support and expert guidance to ensure a smooth closing every step of the way.
Contact us Today
Contact us today to get started. Our team will guide you through every step of the application process and answer any questions along the way. We're here to ensure your success and make your investment journey smooth and efficient.
Call us: (833) 446-2001
Email: support@ix.finance
600 California Street, 11th Floor.
San Francisco, CA, 94108
(833) 446-2001
support@ix.finance
Connect us @
This is not a commitment to lend. All offers of credit are subject to approval. Restrictions may apply. IX Finance, LLC reserves the right to amend rates and guidelines. NMLS ID 2386867. Loans made or arranged pursuant to a California Finance Lenders Law License 60DBO-173082
© 2024 IX Finance, LLC. All Rights Reserved.
600 California Street, 11th Floor.
San Francisco, CA, 94108
(833) 446-2001
support@ix.finance
Connect us @
This is not a commitment to lend. All offers of credit are subject to approval. Restrictions may apply. IX Finance, LLC reserves the right to amend rates and guidelines. NMLS ID 2386867. Loans made or arranged pursuant to a California Finance Lenders Law License 60DBO-173082
© 2024 IX Finance, LLC. All Rights Reserved.
600 California Street, 11th Floor.
San Francisco, CA, 94108
(833) 446-2001
support@ix.finance
Connect us @
This is not a commitment to lend. All offers of credit are subject to approval. Restrictions may apply. IX Finance, LLC reserves the right to amend rates and guidelines. NMLS ID 2386867. Loans made or arranged pursuant to a California Finance Lenders Law License 60DBO-173082
© 2024 IX Finance, LLC. All Rights Reserved.
600 California Street, 11th Floor.
San Francisco, CA, 94108
(833) 446-2001
support@ix.finance
Connect us @
This is not a commitment to lend. All offers of credit are subject to approval. Restrictions may apply. IX Finance, LLC reserves the right to amend rates and guidelines. NMLS ID 2386867. Loans made or arranged pursuant to a California Finance Lenders Law License 60DBO-173082
© 2024 IX Finance, LLC. All Rights Reserved.