1 to 20 Unit Residential & Multifamily Rehab and Construction
Ideal for builders, contractors, rehabbers and investors building 1 to 5 properties at a time…
- Nationwide
- Rehab: finance up to 90% of purchase price + 100% of rehab up to 75% of ARV (80% LTC to 75% ARV for 5 to 20 units)
- Construction: single units: 85% LTC / 70% LTV; 2 to 20 units: 80% LTC / 65% ARV
- 7.99%+ (rates vary with experience and credit score)
- Interest only
- Term: 12 to 18 months
- No prepayment penalty after 3 months interest paid
- $250,000 to $1 Million (one unit) or $1.5 Million (2+ Units) with $10 Million exposure
- 620+ credit score
- No experience required (less leverage: finance 80% of purchase + 100% of Rehab up to 70% ARV)
- Liquidity required: 15 to 20% total costs confirmed by bank, money market, mutual fund, stock & bond statements
- No tax returns or income verification required
- Funding in 4 to 6 weeks
- Property types: 1-4 unit residential, condos (detached/townhouse style), multifamily to 20 units per building platted with address) & mixed-use (in major cities where mixed-use is common property type – case by case)
- No upfront Eagle fees…we are paid at closing when your loan is funded.
Get Funded NOW…
Please click blue PRE APPROVAL 1 to 20 unit Residential Rehab Link for FREE PRE APPROVAL LOI within 48 business hours. With a few clicks of your mouse it TAKES LESS THAN 6 MINUTES TO GET STARTED NOW. No credit cards, Social Security Numbers, upfront fees or credit checks required.
