ATTENTION ALL INVESTORS: Up to 4 year IO Rehab/Bridge Program
Fico: No Fico requirement! Lender does not like late mortgage payments though!
Loan Terms: 1 year, 2 year and 4 year, interest only options.Pre-Payment Penalty: No PPP per se, but an interest guarantee for a certain amount of months per termExtension: 6 months for one point
Loan Size: $100K to $7 Million. PP 100k or higher Max LTC: Lender will finance up to 80% of as-is value or purchase price (whichever is lesser)! Can lend up to 75% of the rehab budget. Can lend up to 90% of the purchase price if the as is value comes in higher than purchase price. Interest Rate: 8.5-10.5% Property Types: Only 1-4 unit investment properties. Can go up to a 10-unit MF property Borrower Experience: Welcome FIRST TIME investors Use of Funds: Purchase + rehab, Refinance + rehab, Cash-Out Refinance Points: 2 lender points Lending Territory: AZ, CA, CO, FL, GA (need to close in entity), HI, NV, OR, TX, UT, WA **Closing Time Frame: 7-10 days! Foreign Nationals: Work with foreign nationals! Need to have a US Bank account! Need their ITIN Number.DM for more info.....
Offering