
GROUNDFLOOR is a direct rehab lender. We specialize in fix-and-flip loans. However, we also do cash out and are rolling out with a new construction product. Our crowd based platform allows us to offer competitive terms and flexible loan products. - Single family residential, non-owner occupied (1 to 4 units) - Up to 90% of purchase price and rehab budget (not to exceed 70% of ARV) - Rates as low as 5.4% (simple interest) for qualified investors - Deferred payment option. No monthly payments for term of loan (up to 12 months) - Loans from $75,000 to $2,000,000 - Non-recourse loans (no Personal Guaranty required for loans under $500,000) - No doc (no VOE, no tax returns, no pay stubs, no seasoning or sourcing of funds) - Points are rolled into loan - Close in as little as 7 days We are looking for brokers to join our Preferred Broker Program. If interested, please call or e-mail me. Georges Franco GROUNDFLOOR Business Development Manager (202) 871-0097 (call or text) [email protected]
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