Major, Structural Rehab
Multifamily, Mixed-Use and Commercial (to 250 Units)
Urban and suburban properties
No Upfront Fees
No tax returns or income verification to $9 million loan amount
Responsive, friendly service
Nationwide
Loan amount: $500,000 to $75 million+ per property
Terms vary with experience on title, # similar properties bought, rehabbed, sold or refinanced last 3 years
Up finance 70% to 80% of purchase / loan payoff + 100% rehab (to 85% Blended LTC) to 70% ARV.
Fast draws
Credit: 620+
Term: 12 to 36-months
Competitive fixed interest rates on drawn balance
Interest only
Rate locks
No prepayment penalties
Origination varies with underwriting
Liquidity: cash to close, reserves to complete project + 3 months loan interest reserves
Non-recourse available
No subordinated debt
Ineligible borrowers: (1) financial crimes; (2) bankruptcy/foreclosure last 4 years; (3) no derogatory payments
Federal Tax liens cleared before closing
Loan exit strategy: sell or refinance to permanent loan
No raw la, manufactured, mobile homes, condotels, timeshares, farms, or extensive water or fire damage.
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.