Private Money411 Magazine - The Source for Real Estate Finance | Page 10
FirstKey Lending
Continues to Innovate
Randy Reiff, CEO of
FirstKey Lending, LLC
Makes 30 Year Loans Available to Portfolio Borrowers
F
irstKey Lending revolutionized the real
estate market for entrepreneurs investing in
residential rental properties when it began
offering its one of a kind single-property
loan product earlier this year. A fully amortizing
30-year fixed rate loan with competitive rates and
no prepayment penalty. FirstKey’s Express single-property loan product offered entrepreneurial
landlords the ability to manage their cash flow by
avoiding interest rate risk and large balloon payments at the end of the loan term.
“We saw immediate demand for our Express
property loans,” says Randy Reiff, CEO of FirstKey
Lending.
But, as a market leader, FirstKey is committed to
making it even easier to invest in one- to four- family
rentals and is constantly innovating to provide additional financing options to current and prospective
customers.
Responding to the success of its Express property loan product, FirstKey recently made significant
enhancements to the Express program to bring the
benefits of this unique product to entrepreneurial customers who own portfolios of more than 10 properties.
FirstKey is now also offering 30-year fixed rate
solutions for portfolio loans of up to $5 million dollars with no restrictions on the number of properties
financed. Like the single property loan, these portfolio
Continued on pg. 13
Realty411Guide.com
PAGE 10 • 2015
Private Money411