Rehab and Fix to Flip Loan Program
Ideal for builders, contractors, rehabbers and investors…
- 6.75%+
- Interest only
- Term: 12 to 24 months
- No prepayment penalty after pay 3 months interest
- $250,000 to $100 Million per project
- $500,000 to $10 Million revolving LOC (Line of Credit)
- 620+ credit score
- No experience required
- Finance 90% of purchase price + up to 100% rehab to 75% of ARV
- First loan closes in 4 weeks
- Subsequent loans close in 15 days
- Once LOC approved, only need appraisal, inspection, title & insurance to fund more projects
- Property types: 1-4 unit residential, condos (detached/townhouse style), multifamily to 20 units per building platted with address), mixed-use & commercial
- Nationwide (45 States)
- No upfront fees…we are paid at closing when your loan is funded