Long-Term Rental

Rate Lock Now Available

Market instability, rising interest rates, inflation, and fluctuating terms have made it challenging to close. Let Patch help make your rental investment property financing simpler with a fixed-rate loan.

30-Year Loans at Competitive Rates & Leverage

Patch is here to help make your rental investment property financing simpler. That’s why we’re offering fixed-rates on our Long-Term Rental program.

Our Long-Term Rental loans can now be rate-locked for 30 to 60 days. These loans are institutionally backed, meaning you can close confidently knowing you’re getting the best partner for your loan.

With up to 80% LTV on purchase and rate/term refinance, up to 75% on cashout refinance, and DSCR as low as 0.80x*, now is a great time to ramp up your long-term rental investments.

  • Fixed Rates

    Lock in your rate for 30 to 60 days

  • Competitive Leverage

    Up to 80% LTV on purchase and refinance; up to 75% on cashout

  • Borrower-friendly terms

    Qualify with 660 FICO and 0.8x DSCR

Want to learn more about our Rate Lock program?

Long-Term Rental Program Highlights

Get Single Property and Portfolio Rental Loans at Competitive Rates

  • Available for rental properties, including short-term VRBO and Airbnb

  • 30-year loan term (with 5-year interest only option)

  • Competitive rates

  • Up to 80% LTV

  • Loans from $100,000 to $3,000,000+

  • Portfolios up to $3,000,000

  • Low 650 minimum FICO