Skip to content
Classifieds

User Stats

289
Posts
31
Votes
Copelon Kirklin
  • Specialist
  • Kenner, LA
31
Votes |
289
Posts

High Leverage Fix & Flip Loans - 90% LTC

Copelon Kirklin
  • Specialist
  • Kenner, LA
Posted Jul 23 2015, 12:57

The LTC on a typical hard money loan may range anywhere from 65-75%. I know because I arrange financing for these as well. But there's not a large group of hard money lenders waving a 90% LTC flag. Well here's one of the few. It's not nationwide but does cover some pretty good markets. Take a look at the highlights below, Rehabbers...

  • No Doc - Stated Income
  • 12.99% Interest Rate
  • 5.9 Pts.
  • 2-Yr Term
  • 90% LTC
  • Up to 75% ARV
  • No Prepay
  • $60,000 Min. Loan Amount
  • 550 FICO Min.
  • Title MUST Be Held in Company or Trust
  • 7-10 Days
  • SFR 1-4 Units, NOO
  • Available in: FL, GA, IN, NC, TN, TX, & VA (KY, SC & WV coming soon)
Looking for

Loading replies...