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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 Lending

Continues to Innovate

Makes 30 Year Loans Available
to Portfolio Borrowers

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

Photograph of Randy Reiff,
CEO of FirstKey Lending

“With the introduction of this product, we are giving
customers who are a bit less rate-sensitive the ability
to choose a long term, fixed rate solution with
complete prepayment flexibility,” said Reiff.
million dollars with no restrictions on the
number of properties financed. Like the single property loan, these portfolio loans have
no prepayment penalties, making them even
more attractive for entrepreneurial investors
who want to lock in long-term financing but
maintain flexibility to sell assets or manage
their investments.
“The needs of entrepreneurial investors
are not necessarily the same as institutional investors. With the introduction of this
product, we are giving customers who are a
bit less rate-sensitive the ability to choose a
long term, fixed rate solution with complete
prepayment flexibility,” said Reiff. “Recognizing that the needs and aspirations of entrepreneurial borrowers might change over time
is what inspired the original 30-year property
product, and we are now thrilled to make it
available for customers who want to borrow
up to $5 million against their multi-property
portfolios.”
FirstKey was the first national lender to
target entrepreneurial borrowers in the rental
finance space and has prided itself on in-

novating a wide variety of programs meant to
make it easier to invest in the SFR market.
For FirstKey, it’s not just about the borrower’s credit score, but the strength of the
borrower’s investment. FirstKey looks primarily at the property’s value and the cash flows
to determine the investment’s ability to service
and ultimately repay the debt. This evaluation
model can make FirstKey’s financing products
accessible to a wide range of customers.
For entrepreneurial investors more interested in optimizing rate than term, FirstKey continues to offer Express portfolio loans under
$5 million for 5, 7 or 10 years at some of the
lowest fixed rates available in the SFR space.
FirstKey’s wide range of products also includes options for many other types of investors. Premier provides non-recourse loans
from