Rates Starting at 8.75%*
We Offer Fix & Flip / Fix2Rent Loans, Along With Gap Funding Options. Whether you’re looking to renovate and sell or rent, we’ve got you covered with flexible financing options.
| 12% | |
| Starting Origination Fee | 3% |
| Maximum LTC | Up to 100% on a case-by-case basis |
| Gap Funding | |
|---|---|
| Maximum Term | (6 months) extendable to 9 months on a case-by-case basis |
| Maximum Renovation Budget | $150K |
| Maximum Amount | $50K (with potential for increase on a case-by-case basis) |
| Starting Return on Investment | 15% |
| Minimum Credit Score | 680 ( lower may be considered on a case-by-case basis ) |
| Experience | With at least 3 completed deals with similar rehab budgets. (* limited / no experience will incur adjusted terms) |
| Title Company will be provided | |
| Cross Collateralization | Will help underwriting decision-making |
New
MULTIFAMILY BRIDGE PROGRAM:
🔹Value-Add projects with up to 80% LTV and85% LTC on qualified properties
🔹Finance buildings with 20 units up to$5MM loan size
🔹Rates as low as 8.99%with our buy-down option
🔹Interest reserve available to cover payments during stabilization phase
* Non-owner-occupied loans ONLY. All products are intended for residential properties.
** The rates shown represent the lowest possible options. The actual rates and deals you receive may change based on various approval criteria, including your FICO score, past experience, duration of ownership, among others.
*** We do not currently lend in the following states:
- Arizona
- Nevada
- North Dakota
- Oregon
- South Dakota
- Utah
- Vermont