Realty411 Magazine Featuring Lori Greymont | Page 40

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 sin-
gle-property loan product offered entrepreneurial
landlords the ability to manage their cash flow by
avoiding interest rate risk and large balloon pay-
ments 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 addi-
tional financing options to current and prospective
customers.
Responding to the success of its Express proper-
ty loan product, FirstKey recently made significant
enhancements to the Express program to bring the
benefits of this unique product to entrepreneurial cus-
tomers 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 dol-
lars with no restrictions on the number of properties
financed. Like the single property loan, these portfolio
Continued on pg. 43
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