💲💲 FIX & FLIP REAL ESTATE LOANS - LINE OF CREDIT PROGRAM
Key Facts About Our Fix & Flip Loans
- Rates as low as 6.75%
- Exposure limit up to $10MM with individual loan amounts from $50K to $2MM
- Financing for up to 90% of acquisition costs and 100% of renovation expenses, up to 75% After Repair Value
- Exposure Limit options available for borrowers with zero experience
Fix & Flip Exposure Limit Loan | |
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LOAN PURPOSE |
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INTEREST RATE | 6.75% and up |
LOAN AMOUNT | $50K - $2MM (max $500k for inexperienced investors) |
TERM | 12 months (standard), with optional extensions |
BORROWER TYPE | Individual or Entity |
MAXIMUM LOAN-TO-VALUE (LTV) | Up to 75% of After Repair Value (ARV) |
MAXIMUM LOAN-TO-COST (LTC) COST IS PURCHASE PRICE AMOUNT | 90% |
WHEN DO WE USE LTV VS LTC? | Generally, we use the lesser of LTV or LTC calculation |
REHAB/CONSTRUCTION FINANCING | Funding up to 100% rehab budget up to % Approved LTV of Total Costs |
PROPERTY TYPES | Non-Owner Occupied:
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Questions Call 609-365-0001 x100
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