Financing for up to 90% of the purchase price

+ 100% of renovation costs, not to exceed 75% of the after repair value.
 

Benefit from interest only on the outstanding balance, no need to pay for funds that aren't in use.
 

LOAN CRITERIA:

Collateral:

Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes: 5+ Unit Apartments; Mixed-Use Properties

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LTV:

Up to 90% of the Purchase Price + 100% of the Renovation Cost; Not to Exceed 75% of the ARV
 

Term:

12 Months (6-Month Extension Available)
 

Minimum As-Is Property Value:

$50k for Single-Family
$25k per Unit for 2-4 Family
$35k per Unit for Multi-Family (5+)/Mixed-Use
 

Loan Amount:

$50k – $7.5M for 1-4 Family, Condos, & Townhomes
$250k – $10M for Multi-Family (5+)/Mixed-Use

Minimum FICO:

620

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Rates

As Low As 7.49% (Interest Only Charged on Outstanding Balance)