Major Structural Rehab Loans
Residential, mixed-use and commercial (1 to 9 units)
Urban, suburban and rural properties
No Upfront Fees
No Tax Returns
No Income Verification
Responsive, friendly service
Nationwide: except AL, AZ, ND, NV, SD, or VT.
Loan amount: $500,000 to $10 million+ per property
Terms vary with experience on title, # of similar projects bought and sold / refinanced last 3 years
Finance up to 90% of purchase / loan payoff + 100% rehab (to 92.5%+ Blended LTC) to 70% ARV
Credit: 620+ for experienced rehabbers; otherwise 660+
Term: 12 to 24-months
Competitive fixed interest rates on drawn balance
No prepayment penalties
Origination varies with underwriting
Liquidity: cash to close, reserves to complete project and 3+ months loan interest
No subordinated debt
Foreign nationals welcome
Appraisal completed in last 6 months used with lender discretion
No mid-rehab projects
No refinancing rehab loans
Ineligible borrowers: (1) financial crimes, (2) bankruptcy/foreclosure last 3 years:
Federal Tax liens cleared before closing
Ineligible: owner-occupied, exotic, raw land, manufactured, mobile homes, condotels, timeshares, farms, or extensive water / fire damage.
Loan exit strategy: sell or refinance to permanent loan
Close in 2 to 4 weeks
Let’s Finance Your Next Deal Together!
To submit your online loan request, click the blue GET STARTED Link for PRE-APPROVAL 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.