Real Estate Investing Financing - Overview

Loan Type

 

Fix & Flip, Buy & Hold, Rehab, Refinance, Construction, Transactional Funding, and Bridge Financing

 

Property Type

 

Single Family Residence and Multi-Family (non-owner occupied), limited commercial

 

Loan Size

 

$50,000 to $350,000

Loan-to-Value (LTV)

 

Up to 70% of After Repair Value (ARV)

 

Loan-to-Cost (LTC)

 

Up to 90% of purchase price (rehab financing up to 100% available subject to borrower qualification)

 

Loan Term

 

6 months with option to extend

Lein Position

 

First position

 

Borrower Qualifications

 

No income requirements. No credit check. No minimum FICO scores. Must fill out borrower application.

 

Borrower Type

 

Business / Entity

Prepayment

 

No prepayment penalty

 

Closing Speed*

 

24 - 48 hours. Minimal paperwork

 

Other*

 

Credit score not required; Appraisal not required; No “junk” fees.