Loan Product Pricing

Print PDF

Loan rates are subject to change until loan documents are out.

Wholesale Residential for Rent

Last Updated: 02/24/2021

Note Rates

May 18, 2021
Foreign National
680 to 699 FICO
700 to 719 FICO
720 to 739 FICO
740 to 759 FICO
>=760 FICO
>75% to ≤80% LTV
NA
NA
NA
NA
NA
4.875%
>70% to ≤75% LTV
NA
NA
5.000%
4.875%
4.875%
4.625%
>65% to ≤70% LTV
5.250%
5.000%
4.875%
4.750%
4.750%
4.500%
>60% to ≤65% LTV
5.000%
4.875%
4.750%
4.625%
4.625%
4.375%
≤60% LTV
4.875%
4.750%
4.625%
4.500%
4.500%
4.250%

Rate Adjustments

Cash-out: +0.250%
Condo, Townhome, 2-4 Unit: +0.250%
Loan Size < $100,000 or > $1,000,000: +0.250%
PDTI ≥ 75%: +0.250%

Origination Points

Maximum Total Broker Points: the greater of 3.00% or $5,000 • Junk fees shall be considered towards the total allowable broker points • PeerStreet points and fees shall not be considered against the maximum • Fixed fee cap shall be considered “per property” e.g. a two unit multi-collateral loan may go up to $10,000
PeerStreet Points: 0.50%

Fixed Fees

Multi-collateral fee of $50 per additional property beyond the first shall be collected at settlement
Marketplace Fee of $500 to be collected at settlement
Admin Fee of $250 to be collected before qualification stage

Wholesale Residential Bridge

Last Updated: 02/24/2021

Purchase Rates

May 18, 2021
650 to 699 FICO
700-739 FICO
>=740 FICO
>85% to ≤90% LTV
NA
NA
9.000%
>80% to ≤85% LTV
NA
9.000%
8.500%
>75% to ≤80% LTV
9.00%
8.750%
8.125%
>70% to ≤75% LTV
8.500%
8.250%
7.875%
>65% to ≤70% LTV
8.000%
7.750%
7.500%
≤65% LTV
7.500%
7.375%
7.250%

Rate Adjustments

Construction
Bridge
≤ 1 deal
+0.250%
0.000%
2 to 5 deals
0.000%
0.000%
≥ 6 deals
-1.000%
-0.500%

Minimum Purchase Rate: 7.00% | Maximum Spread: 3.00%

Origination Points

Maximum Total Broker Points: the greater of 3.00% or $5,000 (excluding PS points / fees) • Junk fees shall be considered towards the total allowable broker points • Fixed fee cap shall be considered “per property” e.g. a two unit multi-collateral loan may go up to $10,000
PeerStreet Points: 0.75%

Fixed Fees

Multi-collateral fee of $50 per additional property beyond the first shall be collected at settlement
Marketplace Fee of $500 to be collected at settlement
Admin Fee of $250 to be collected before qualification stage

Funded Residential Bridge

Last Updated: 02/24/2021

Purchase Rates

May 18, 2021
650 to 699 FICO
700-739 FICO
>=740 FICO
>85% to ≤90% LTV
NA
NA
9.000%
>80% to ≤85% LTV
NA
9.000%
8.500%
>75% to ≤80% LTV
9.00%
8.750%
8.125%
>70% to ≤75% LTV
8.500%
8.250%
7.875%
>65% to ≤70% LTV
8.000%
7.750%
7.500%
≤65% LTV
7.500%
7.375%
7.250%

Rate Adjustments

Construction
Bridge
≤ 1 deal
+0.250%
0.000%
2 to 5 deals
0.000%
0.000%
≥ 6 deals
-1.000%
-0.500%

Minimum Purchase Rate: 7.00% | Maximum Spread: 3.00%

Fixed Fees

Multi-collateral fee of $50 per additional property beyond the first shall be collected at settlement
Marketplace Fee of $750 to be collected at settlement