skip to Main Content

Finance Purchase and Light Cosmetic Rehab Budget of 1-9 Unit Residential Projects

No upfront fees, tax returns or income verification

Eagle Commercial Funding Capital Corporation is a Direct Private Commercial Lender in 45 States. We partner with Wall Street, Hedge Funds, Insurance Companies, Private Lenders, Family Offices, SBA, Table Funders, FHA-HUD, FNMA and FREDDIE MAC.

Rehab residential properties to increase their value when completed to raise rents and sell for a profit or refinance for income and capital appreciation

This program is not available in ND, SD, or VT.

Urban, suburban and rural areas 

$250,000 to $5 Million+ per property 

Finance up to 80% of purchase price/loan payoff plus 100% of rehab (85% BLENDED LTC) to 70% ARV 

Fast, in-house draws  

Experience required:

  • None for cosmetic, light rehab loans
  • For major rehab: 2+ rehab/construction projects purchased, sold or refinanced last 3 years or borrowers own GC with rehab/construction experience last 3 years (verified by buyer contracts and permits/CO’s 

Credit: 660+ 


Competitive fixed interest only rates on drawn balance

No prepayment 

Origination: See PRE-APPROVAL Term Sheet

Liquidity: cash to close plus reserves to complete project and pay monthly interest  

Non-recourse option for 25 to 50 bps

No seller notes or other subordinate debt permitted

Foreign nationals: lower leverage

Appraisals <6 months old considered; 

Adding square footage or change of use (2 to 4 units): (1) proper zoning; (2) no variances; (3) experience with similar projects last 3 years; (4) lower advances 

Luxury properties must be liquid 

Mid-rehab projects: (1) As-is & ARV appraisal; (2) appraisal with rehab budget and % completed per line item; (3) receipts to completed items; (4) property taxes, interest/debt payments, insurance, legal fees, and closing costs not reimbursable; (5) initial release lesser of as-is value and cost basis 

Refinancing another lender must pass reasonableness test 

Ineligible borrowers: (1) financial crimes, (2) bankruptcy/foreclosure last 4 years: (3) Federal Tax liens cleared before closing 

Ineligible properties: Owner-occupied, rural exotic properties, mixed-use, raw land, commercial, manufactured, mobile homes, condotels, timeshares, farms, 2+ acres per lot (exceptions) or <700 square feet per unit, extensive water or fire damage. 

Loan exit strategy: profitable sale or rental refinance  

Clean title  

From initial application to loan payoff, we’re here for you.

Let’s Finance Your Next Deal!

To submit your online loan request, click the blue GET STARTED Link for PRE-APPROVAL Term Sheet within 48 business hours for qualified borrowers.  

No upfront fees, tax returns, income verification, credit cards, Social Security Numbers or credit checks required for PRE-APPROVAL. 

Back To Top