800-548-2518
Fix & Flip | Buy & Hold | New Construction
Helping You Improve Communities
Fix & Flip Loans Starting at 5.50%
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Up to 90% LTC + 100% of rehab costs
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6-24 months loan term
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Interest Only - No Prepayment Penalties
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No interest payments on unused rehab funds (credit dependent)
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Investor focused - a fast and simple process
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Non-owner occupied properties only
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Experienced investors only​​
New Construction
Competitive financing for acquisition, development and construction loans for builders and developers.
WHAT WE OFFER:
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Up to 75% of Project Cost – land & development
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12-24 Month Term – Interest Only
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Redevelopment, conversion and condo loans also permitted
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Eligible Property Types: townhouses, condo loans also permitted
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Loans from $150K to $10M
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Nationwide Footprint
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Negotiable release prices on multi-asset projects
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Fast approvals and funding since we are not a bank
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Property types are 1-30 units
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Minimum Experience – 5+ Deals
Buy & Hold Rental Programs​
LOAN SIZE
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$75,000 to $2,000,000
LOAN TERMS
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30 year fixed
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5, 7, 10-year hybrid
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30 Year amortization
PROPERTY TYPES
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1-4 unit attached/detached properties
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PUDs
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Condominiums
LOAN PURPOSE
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Purchase
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Rate/term refinance
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Cash-out refinance
BORROWER
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Individual or business entity
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Credit Score: Minimum 650
MINIMUM DSCR
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1.2
MAX LTV
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Up to 80% for purchase and up to 75% rate/term refinance
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Up to 70% for cash-out refinance
INTEREST RATES
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From 5.25%
CASH-FLOW REQUIREMENTS
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Qualifying income based on property cash flows
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No Doc Loan: No W2, tax returns or 4506T required
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Must have: own a primary home, or 1 investment property, or hires a property manager
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Closing in less then 30 days
LOCATIONS
Generally urban or suburban locations in primary, secondary, or tertiary markets.
PREPAYMENT PENALTIES ARE:
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3% 2nd year
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2% 3rd Year
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1% 4th year
Save up to .50% off of the interest rate with the below option:
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5% 1st year
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4% 2nd year
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3% 3rd year
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2% 2nd year
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1% 1st year