WHAT WE OFFER
FIX AND FLIP LOANS
- Up to 85% LTC
- Up to 100% of rehab cost, not to exceed 75% of ARV
- Rates starting at 7.49%
- 12 Months Term
- Loan extensions available
- No Pre-Payment Penalty
- Business Purpose Loans Only
- LTV / LTC Rate and point are based on asset type, experience, and market data
NEW CONSTRUCTION
- Up to 90% LTC, 75% LTARV, Not to exceed 75% of the acquisition cost
- Up to 100% of construction
- Rates starting at 7.99%
- 12 / 18 Months Term
- Loan extensions available
- No Pre-Payment Penalty
- Business Purpose Loans Only
- Experienced developers only
- LTV / LTC Rate and point are based on asset type, experience, and market data
CASH OUT AND RE-FINANCE
- Up to 75% LTV
- Rates starting at 7.99%
- 12 Months Term
- Loan extensions available
- No Pre-Payment Penalty
- Business Purpose Loans Only
- The reason for cash-out and the exit strategy will be underwritten thoroughly.
RENTAL PROGRAM
- Up to 80% LTV
- Rates starting at 4.5%
- 30 Year Term
- Business Purpose Loans Only
- Short term rental income permitted (Airbnb or similar service)