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Updated over 11 years ago on . Most recent reply

User Stats

1,767
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1,148
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Chad U.
  • Investor
  • Boca Raton, FL
1,148
Votes |
1,767
Posts

Archetype Mortgage Capital / Auction.com Finance

Chad U.
  • Investor
  • Boca Raton, FL
Posted

Hey All,

My first post on BP!  

Has anyone applied for Auction.com's financing option, affiliated with Archetype Mortgage Capital? They offer a $500K+ Line of Credit at 9.95% interest rate with 1% draw fee, up to 70% LTV for purchasing properties through their Auction.com site, as well as at Trustee auctions. If so, interested to hear your experience and if their product is legit?

Thanks,
Chad

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