Stephanie P.Poster
#4 Mortgage Brokers & Lenders Contributor
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US Commercial is different. We have a plan
Here's where we're different; We have a plan.
US Commercial offers a two step approach to building your wealth using our commercial/investor financing.
Step One: The fix and flip.
- We offer fix and flip financing to 90% of the purchase price (not to exceed 80% of the current as is value)
- Rehab hold back to 100%
- Points will not exceed 4. Rates from 7 to 12%
- We roll the closing costs into the deal
- The only out of pocket expense is for valuation and processing (generally $295)
Step Two: The refinance and hold
- No seasoning on title.
- No tax returns
- Minimum credit score 650
- Max Loan to Value 75% on sfr or 2-4 unit
- Only up front cost is for appraisal and credit
- Rates in the 7's with a 30 year amortization
- Again, points not to exceed 4
You don't have to sell your beautiful flip when it's done; keep it, manage it, profit from it. Your experience level doesn't matter, the deal does.
Let's do a colleague request. PM me to get yourself started.
Stephanie
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Broker
- US Commercial