NEW Products for 2021!
PRIVATE MONEY FIX AND FLIP360
Purchase and Rehab (12 month) Fix and Flip Program: Loan Amount: $75k-$3M LTV of Purchase price: up to 95%LTC for new investors or 90%/100% LTV/Rehab for experienced investors Max Loan to ARV: up to 75% Minimum As-Is Appraised Value: $40k Collateral: Non-owner Occupied 1-4 Family Residential Properties; Warrantable Condos; Townhomes, Planned Unit Developments (PUDs) Term: 12 months Rate: Starting at 5.99% Credit Score: 620 Minimum No pre-payment penalty
RESIDENTIAL 1-4 UNIT RENTAL PROPERTY LOANS360
Long-Term (Up to 30 yr Fixed) Rental Loan Program: Loan Amount: $75k-$5M Minimum As-Is Appraised Value: $75k Collateral: Non-owner Occupied 1-4 Family Residential Properties; Warrantable Condos; Townhomes; Planned Unit Developments (PUDs) must be rented on long term lease Term: 30 Years, Fully Amortized Purchase: Up to 80% LTV Refinance: Up to 75% of the As-Is Value Cash-Out: Up to 75% of the As-Is Value Rate: Starting at 5.25% Credit Score: 650 Minimum Programs: 30yr Fixed, 3/1, 5/1, 7/1, 10/1 ARM and Interest Only Prepayment Penalty: 1yr, 3yr or 5yr Year declining Borrower Liquidity: 6 Months of REQUIRED PITIA Reserves
COMMERCIAL PURCAHSE AND REHAB BRIDGE LOANS360
Commercial Apartments Purchase and Rehab (12 month) Program: Loan Amount: $150k-$50M LTV of Purchase price: up to 75% LTC of Rehab amount: 100% Max Loan to ARV: up to 70% Minimum As-Is Appraised Value: $250k Collateral: Commercial apartments 5+, Mixed use with Apartments, Condo Conversions Term: 12 months Rate: Starting at 7.99% Credit Score: 650 Minimum No pre-payment penalty
We offer a LOT more!
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