Getting your deal funded isn’t hard. If you have the deal, we have the funds.
- Fast approvals and closings
- Lower rates for experienced investors
- Low documentation requirements
- Credit matters, but we’re not credit intense (We do look. 550 min, 620 better, 640 preferred)
|Loan Amount:||$75,000 to $5,000,000+ (reasonably easy)
$50,000 to $75,000 (Harder)
<$50,000 (Even Harder)
|Loan-to-Value:||80% of purchase + rehab is typical. For a great deal, it could be as much as 90% of purchase price and 100% of Rehab
Up to 70% of As-Is Value
Up to 70% of ARV
|Origination & Broker Points:||4 pts ($4,000 min) Sometimes lower for loans under 100k.
Lower for repeat borrowers.
|Other Fees:||3rd party fees charged at cost. Some funding sources have a doc fee.|
|Interest Rates:||Typical is 12%
As low as 9%; up to 15%
(based on LTV & experience)
|Closing Timeline:||10-14 business days from completed app and all docs.
Faster for repeat borrowers
|Commitment Fee:||$499 when app is approved||Loan Term:||12 months, sometimes 15.|
|Transaction Type:||Purchase or refinance||Rate Type:||Fixed Rate, Interest only payments|
Funding above is for 1-4 family residential, condos, townhomes and apartments. Other property types can be funded. Terms may vary.
Note: Interest Rate and program terms are subject to change. Final terms vary according to the specifics of the loan transaction. Please call for details.