Updated about 6 years ago on .
Up to 15M Rehab Program!
Fico: 500+
Loan Terms: 1-2 years
Pre-Payment Penalty: No PPP per se, but an interest guarantee for a certain amount of months per term.
Extension: 6 months for one point
Loan Size: $100K to $15 Million. PP 100k or higher
Max LTC: Lender will finance up to 75-80% of as-is value or purchase price (whichever is lesser), and 100% 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: 7.75%-10.5%
Property Types: Only 1-4 unit investment properties. 5-200 unit MF.
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,HI, NC, NV, OR, SC, TN, TX, UT, VA, WA.
Closing Time Frame: 7-10 days!
Foreign Nationals: Work with foreign nationals! Need to have a US Bank account! Need their ITIN Number.
Contact Brooke at [email protected] or call me at 214-561-2772