Get up to 80% LTV using projected rental income.
Rental Loan Terms
Qualify for rental property loans based on the future rental income, not personal income. No tax returns to submit.
| LTV | Up to 80% LTV |
| Interest rate | As low as 6.5% |
| Credit score | Minimum 680 |
| Loan size | Minimum $100,000 |
| Property types | Single family home, condo, townhouse or 1-4 unit properties |
| Loan types | Amortized or interest only |
| Loan terms | 30 year, 15 year, 5/1 and 7/1 ARM |
See How Much You Qualify For
- Secure up to 80% financing
- Get proof of funds today
- Same loan advisor (no handoffs)
Investment Property Loan Requirements in Kansas
Here are the minimum loan requirements in the Sunflower State.
Credit Score
The minimum credit score to get approved for rental property financing in Kansas is 680.
Loan Amount
The minimum loan amount is $100,000.
DSCR Ratio
A minimum DSCR ratio of 1.2 is required. Use our DSCR loan calculator to check your investment property.
Minimum Documentation
These documents will be required to get approved for any Kansas rental loans.
- Driver’s License or State ID
- Articles of Organization
- LLC Operating Agreement
- EIN Letter
- Certificate of Good Standing
Business Entity Required
Since these are business purpose loans, a legally registered business is required to get approved. Here’s how to apply for a new LLC in the state of Kansas if you don’t already have one.
Kansas Rental Property Loan FAQ’s
Common questions that Kansas rental property investors tend to have.
What is the down payment for a rental property in Kansas?
The minimum down payment to purchase or refinance a rental property in Kansas is 20%. However, it can vary based on your credit score, LTV and and DSCR.
What are the current rental loan interest rates?
Current interest rates for rental property loans start at 6.5% (August 2024). Rates are subject to change and fluctuate daily.
What determines my interest rate on a rental loan in Kansas?
Interest rates vary depending on your credit score, loan to value, real estate market risk and investment property risk.
Do you work with new investors?
Yes, Capital Ton LLC has options for new investors to secure DSCR loans. Seasoned investors can expect lower closing costs.
Does Capital Ton LLC offer loans for short term rentals?
Yes, Capital Ton LLC’s flexible loan options include DSCR for short term rentals.
Does Capital Ton LLC offer interest-only rental loans?
Yes, investors can secure interest-only rental loans which typically come with lower interest rates. These type of loans are interest-only for the first 10 years and then amortize for the following 20 years.
Call a Rental Property Loan Advisor
Is Kansas a landlord friendly state?
Kansas is viewed as landlord-friendly due to specific laws that benefit property owners. When it comes to evictions, landlords can issue a three-day notice if rent is unpaid. Kansas permits landlords to enter properties for inspections, repairs, or to show the unit to future tenants or buyers with a reasonable notice.
While Kansas laws don’t have a maximum limit for security deposits, they do require landlords to return the deposit within 14 days of the tenant leaving if there are no deductions. However, KS landlords do have up to 30 days if there are any deductions for damages.
Best cities in Kansas for rental property investors
These are the best cities to buy a rental property, based on local demand and a Kansas real estate market analysis.
- Overland Park
- Olathe
- Wichita
- Kansas City
- Topeka