Get more out of your retirement.

If you are like many people with an IRA (individual retirement account), the money in your IRA likely represents one of your most valuable assets. You may want to borrow from your IRA in order to acquire an investment property that will provide passive income well into your retirement. We offer a unique financing options for purchasing rental property with our self-directed IRA non-recourse loans. Borrowers are able to choose from a variety of adjustable-interest rates and fixed-interest rates that match their current needs. We strive to provide loan approvals within 48 to 72 hours of receiving complete applications. We can finance up to $325,000 of one of these transactions and we give preference to loan requests west of the Mississippi River.

Type of Loan

  • 5/1 ARM Amortized*
  • 10/1 ARM Amortized*
  • 10 Year Fixed
  • 15 Year Fixed
  • 20 Year Fixed

Interest Rate (%)

  • 4.500%
  • 4.625%
  • 4.750%
  • 4.875%
  • 5.125%

Length of Loan

  • 20-25 years
  • 20-25 years
  • 10 year full amortization
  • 15 year full amortization
  • 20 year full amortization

*The ARMs are fixed for 5 or 10 years respectively and then will adjust annually after that based upon the 1 Year T-Bill and our margin of 4%. There is a 2/6 cap on the loan which means the interest rate can never increase or decrease more than 2% per year and no more than 6% over the life of the loan.

Our Loans

  • 5/1 ARM Amortized*
  • 4.500%
  • 20-25 years
  • 10/1 ARM Amortized*
  • 4.625%
  • 20-25 years
  • 10 Year Fixed
  • 4.750%
  • 10 year full amortization
  • 15 Year Fixed
  • 4.875%
  • 15 year full amortization
  • 20 Year Fixed
  • 5.125%
  • 20 year full amortization

*The ARMs are fixed for 5 or 10 years respectively and then will adjust annually after that based upon the 1 Year T-Bill and our margin of 4%. There is a 2/6 cap on the loan which means the interest rate can never increase or decrease more than 2% per year and no more than 6% over the life of the loan.

Rates are for informational purposes only. Rates may vary depending on applicant. Please contact your IRA Custodian and a tax attorney for more information.

What is a Non-Recourse Loan?

A non-recourse loan is one in which the IRA account holder is not personally liable for repayment of the loan. The security instruments which record the debt and collateral allow no recourse against the individual account holders or the balances of your IRA funds. In the event of default/foreclosure the lender can only look to the property as the sole source of repayment. The non-recourse lender cannot pursue other assets owned by the account holder or the IRA. Anyone who has at least 40%-50% of the purchase price vested in a self-directed IRA has the opportunity to buy rental properties using a non-recourse loan, subject to loan approval and an acceptable real estate appraisal of the property in question. Follow our simple steps below to get approved for your Non-Recourse IRA Loan.

1

Complete our easy loan application (if married, please include your spouse's name)

2

Provide IRA statements for any and all IRA accounts in your name

The combined funds in your IRA accounts must be sufficient enough to fund the purchase, closing, and reserve requirements

3

Make sure that your property is elegible (listed below) for a Non-Recourse IRA Loan

Single-family detached residential properties, planned unit developments, duplexes, 4-plexes, multi-family properties (5+ units)

4

Review, complete, and sign the loan documents provided to you that are required prior to signing a real estate purchase contract. The IRA, LLC, or trust company must sign the real estate purchase contract

Your IRA, LLC, or trust will be the owner of the property, requiring the property deed and title to be in their name. The transfer of funds for the loan fees (earnest money & appraisal fee) must come directly from the IRA custodian

5

Provide your homeowner's insurance agent with the details of the transaction

The IRA must be listed as insured on the insurance documents

6

Sit back while we review loan application

We review loan application, order the appraisal, review title docs, confirm closing date, and more

Our General Guidelines

Advantages of IRA Investments

Control

Control

Investors have the ability to choose their retirement road through real estate purchases. Other investment options, like mutual funds, bonds and stocks, are controlled by others.

Control

Increased Purchasing Power

Leverage is huge! A $250,000 IRA could purchase one $250,000 home or put a 50% down payment on two $250,000 homes and use non-recourse financing for the other 50%. This way your IRA can own two properties with the potential for increased income.

Control

Protection

Non-recourse IRAs are similar to trusts in that they are separate from the owner and are protected by federal & state bankruptcy law.

Control

Increased Returns

Compared to many other IRA investments, non-recourse IRA loans can yield much higher returns, at a faster rate.

Control

No Personal Credit Hit

Since the IRA is taking out the loan instead of you personally, the newly created debt is not added to your personal credit report.

Control

All About the Deal

Final loan approval depends on the future success of your investment (not about your personal finances) as non-recourse lenders only have recourse to the property itself.

Open an account with us today and experience
Banking that Matters.