Fix & Flip | Buy & Hold | New Construction

Helping You Improve Communities

Fix & Flip Loans Starting at 5.50%

  • Up to 90% LTC + 100% of rehab costs

  • 6-24 months loan term

  • Interest Only - No Prepayment Penalties

  • No interest payments on unused rehab funds (credit dependent)

  • Investor focused - a fast and simple process 

  • Non-owner occupied properties only

  • Experienced investors only​

New Construction

Competitive financing for acquisition, development and construction loans for builders and developers.

WHAT WE OFFER:

  • Up to 75% of Project Cost – land & development

  • 12-24 Month Term – Interest Only

  • Redevelopment, conversion and condo loans also permitted

  • Eligible Property Types: townhouses, condo loans also permitted

  • Loans from $150K to $10M

  • Nationwide Footprint

  • Negotiable release prices on multi-asset projects

  • Fast approvals and funding since we are not a bank

  • Property types are 1-30 units

  • Minimum Experience – 5+ Deals

Plumber at Work

Buy & Hold Rental Programs

LOAN SIZE

  • $75,000 to $2,000,000

LOAN TERMS

  • 30 year fixed

  • 5, 7, 10-year hybrid

  • 30 Year amortization

PROPERTY TYPES

  • 1-4 unit attached/detached properties

  • PUDs

  • Condominiums

LOAN PURPOSE

  • Purchase

  • Rate/term refinance

  • Cash-out refinance

BORROWER

  • Individual or business entity

  • Credit Score: Minimum 650

MINIMUM DSCR

  • 1.2

MAX LTV

  • Up to 80% for purchase and up to 75% rate/term refinance

  • Up to 70% for cash-out refinance

INTEREST RATES

  • From 5.25%

CASH-FLOW REQUIREMENTS

  • Qualifying income based on property cash flows

  • No Doc Loan: No W2, tax returns or 4506T required

  • Must have: own a primary home, or 1 investment property, or hires a property manager

  • Closing in less then 30 days

LOCATIONS

Generally urban or suburban locations in primary, secondary, or tertiary markets.

PREPAYMENT PENALTIES ARE:

  • 3% 2nd year

  • 2% 3rd Year

  • 1% 4th year

Save up to .50% off of the interest rate with the below option:

  • 5% 1st year

  • 4% 2nd year

  • 3% 3rd year

  • 2% 2nd year

  • 1% 1st year