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Housemax Funding (Nationwide)
5.0
27 reviews
5.0
27 reviews
Housemax Funding (Nationwide)
HIGHEST RATED LENDER ON BIGGER POCKETS! Rates as low as 9.5%* 90% project financing available. Can close in as little as 10 days ! Fix and flip, Ground-up, Cash-out refi 30 year loans available. New investor friendly NATIONWIDE lender with 12 years experience! Contact us today. Our goal is to build long term relationships, so we align ourselves with your interests, not the bank backing the loan. We are a Texas business with Texas ethics, and we are ready to lend you the money you need! Recently partnered with "Rehab Valuator" the best flipping software available for Fix and Flippers! Use my link below to sign up today for free. https://tvallc.isrefer.com/go/hpg/Amichael/ We operate as follows: FIX AND FLIP -National Lender -Minimum Loan Amount 75,000 -We will loan up to 75% of the ARV depending on credit score* -Interest bearing payments only starting at 9.5% - 1-3 points of origination* - The borrower must put down 10-20%, and we will loan up to 90% of the purchase price, and 100% of the renovation budget, assuming the combined total does not exceed 75% of ARV Borrower Requirements: -10-20% available down payment -We charge interest-only on 12 months NO PREPAYMENT PENALTY -We charge points at closing (1-3 points) - this means 1-3% of the loan amount will be charged as a cost to buyer at closing. -You pay the BPO / appraisal ($695 depending upon which we order, if it is a rush appraisal $695) & $1495 doc prep fee (a third party cost we pass along) That is it. NO JUNK FEES, admin fees or otherwise fees. LONG TERM FINANCING or CASH OUT -We also offer a cash out refinance or rate and term refinance for a 30-year fixed rate mortgage. If borrowers credit exceeds 680, we can loan 75% of as-is value. - Interest rates start at 6.5%* on 30 year notes and depends on credit score. -The percentages of LTV get smaller as credit decreases. Minimum loan amount 75k GROUND UP CONSTRUCTION We can now go to 90% LTC. This is ONLY for completely bulletproof builders. • Very established experience that is easily documented by sold HUD’s – 10+ projects in past couple years where borrower was on title • Strong credit – ideally 700+ • Strong liquidity • We must fund 100% of the construction costs. Once that is calculated, if the LTC and ARV work, we can do less than 30% down on the dirt Please contact for more details Website: https://app.lendingwise.com/HMLOWebForm.php?bRc=6f5249ea5aef5c06&fOpt=8e614f58c0d670e4&op=69ae9aa7bfc04392 For the best rates please use the link below for our loan application! Address 1613 McCullough Ave, San Antonio, Texas, 78212 Phone Number 8285571884 More ways to connect https://app.lendingwise.com/HMLOWebForm.php?bRc=6f5249ea5aef5c06&fOpt=8e614f58c0d670e4&op=69ae9aa7bfc04392
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