When it comes to securing funding for your real estate investments, not all lenders stand equal. The diversity in terms and conditions available across the market stems largely from the variety and quality of note buyers to which a lender is connected. At Dominion Financial, we set ourselves apart in this crowded field, especially with our unbeatable Long-Term Rental Loans. Recognized by Inc. 5000 as one of America’s fastest-growing private companies, we offer a comprehensive suite of financial solutions, including 30-year DSCR rental loans, fix & flip loans, ground-up construction loans, and multifamily loans. Here’s why no one can match what we offer.
A Unique Position in the Market
Dominion Financial is a direct lender, not a broker. This distinction is crucial for several reasons. Brokers act as intermediaries, pairing borrowers with lenders like us, but at a cost. These additional fees can inflate your rate, making your loan more expensive than it needs to be. As a direct lender, Dominion Financial eliminates these unnecessary costs, helping you get the most competitive rates available.
The Power of Scale
Our status as a significant player in the lending space affords us unique advantages. The largest and most competitive note buyers often have minimum monthly origination volume requirements that smaller lenders can’t meet. Thanks to our scale, Dominion Financial has established Master Loan Purchase Agreements (MLPAs) with these leading institutions, guaranteeing our clients access to the best rates in the country. Your local brokers and loan shops simply cannot compete.
Independence Means Choice
Many major national lenders typically sell their loans to a single note buyer. Why? They mainly serve as loan originators for parent companies like banks and hedge funds or have specific partnerships with insurance firms to sell their loans to a single insurance fund. This streamlined process simplifies loan selling but limits options for consumers.
At Dominion, we take a different approach. While it involves more effort, pricing your loan for each notebuyer means you always secure the best deal tailored to your project and loan requirements. We work for you, not the other way around. Our loyalty lies with our clients, and we strive to provide them with the most cost-effective loan options available.
Loan Products Highlight
Our 30-year Rental Loans, based on the Debt-Service Coverage Ratio (DSCR), support new purchases and refinances. These loans offer a 30-year fixed interest rate, providing long-term security. There are no prepayment penalties, making them flexible for investors. With up to 80% loan-to-value (LTV) and a 2.0% origination fee, our loans are accessible to many. Investors don’t need tax returns, simplifying the application process. We provide loans for single-family residences and 2-9-unit residential properties. Available to both LLCs and individuals, our loans cover all 50 states and D.C.
Why Choose Dominion Financial
Opting for Dominion Financial means you’re not just getting a loan; you’re getting a partner committed to helping you secure the best possible funding for your investment. We understand the complexities of matching loans to note buyers, taking into account the intricate details of each project to find the perfect fit. This bespoke approach might be more work on our end, but it’s the only way to guarantee our clients the best rates.
Choosing a lender who acts as your advocate in the vast real estate financing landscape is crucial. At Dominion Financial, we’re not just lenders but investors, with a deep understanding of the challenges and opportunities you face. We bring this expertise to every deal, offering the support you need to make your investment a success. Plus, our dedication goes beyond just providing loans. We aim to give you holistic assistance that sets you up for long-term financial success. This includes a Price-Beat Guarantee, approval based on cash flow without the need for a Debt-to-Income ratio, and competitive financing choices available nationwide.
Ready to Get Started?
It’s tempting to think that working with a broker means you are shopping for all available products, but that’s not always the case. If you’re looking for unmatched rental loan rates for your next real estate project, it’s time to talk to Dominion Financial. Visit our Rental Loans page to learn more, or give us a call to get a quote. Let us show you why no one can beat our rates.
