cost savings, Ethan simplifies his rental property business with just one title policy, escrow, set of loan documents, and monthly payment for all 10 of his properties. Seeing the numbers laid out, Ethan realizes the portfolio loan is a no-brainer. The lower fees and the significant interest rate reduction translate to more money in his pocket, plus a simpler way to manage his expanding portfolio. •
STREAMLINING YOUR INVESTMENTS
PORTFOLIO LOAN
INDIVIDUAL LOAN
Processing Fee: $ 6,000 * Origination Fee: 1.000% * (*Fee is tailored to Ethan's specific portfolio in this example)
Processing Fee: $ 999 PER PROPERTY Origination Fee: 1.5% OR $ 2,000 * (*Whichever is greater)
EXAMPLE COMPARISON CHART:
With more than $12.3 billion in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). Kiavi harnesses the power of data and technology to offer REIs a simpler, more reliable, and faster way to access the capital they need to scale their businesses. Formerly known as LendingHome, Kiavi is committed to helping customers revitalize the approximately $25 trillion worth of aged U.S. housing stock to provide move-in ready homes and rental housing for millions of Americans across the country. NMLS ID #1125207
PORTFOLIO LOAN PROGRAM INDIVIDUAL LOAN AGGREGATE
$24,990
20,000
16,000
$15,000
15,000
$10,000
$9,990
10,000
$6,000
5,000
0
ORIGINATION FEES
PROCESSING FEES
TOTAL COST
PORTFOLIO LOAN PROGRAM
(10) SINGLE-ASSET LOANS*
FEES & COST
FEES & COST
Origination Fees $ 10,000 Processing Fee: $ 6,000
Origination Fees $ 15,000 Processing Fee: $ 9,990 Total Cost $ 24,990 (*Numbers for 10 Properties)
Total Cost $ 16,000
thinkrealty.com | 45
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