Fix, Flip and Hold Loans
LINE OF CREDIT- BRIDGE/FIX AND FLIP- (Non-owner occupied)
Maximum Loan to Cost Up to 95% Maximum Rehab LTC Up to 100% Maximum ARV– 70%
Maximum Line Size- $50,000,00.00 Maximum Loan Size- $5,000,000.00
PRICING CREDIT
Starting at 6.99% Minimum 600
LOAN TERMS CREDIT LINE UTILIZATION
* Up to 9-15 month Interest Only/Fixed Rate * Accessible for (12) months without a complete re-underwrite. Based on Initial line approval date.
* Subject to a (3-6 month) discretional extension term (Max of 21 months) * One loan per property allowed
ENTITY/GUARANTOR
One(1) Guarantor required on acceptable Company/LLC/Corp. Individual owner accepted.
BROKER/REFERRAL BENEFITS
*Priority Processing- short term funding *Single point of contact/Dedicated Team
*Aggressive Pricing *Close Multiple Loans simultaneously
*Increased broker incentive *Ease and convenience
*Quick Close
*Increased exposure- Ability to market over 45 US States
Property Types
SFR, MULTI TENANT, TOWNHOMES AND CONDOS No qualified experience required
We also have a very competitive Rental Program as well rates starting at 6.49% Purchase, Rate/Term and Cashout Refinance. No DTI requirements! IM or email me if you have any interest!
[email protected]