We are one of the few providers who currently remain open and funding these type of projects during the Corona-virus turmoil that has impacted all of us. Guidelines depicted below where prior to the impact Corona-virus has had on capital markets dedicated to this type of project funding.
If you have or are experiencing difficulties due to the closure of lender offices or failure to fund.
Contact us for immediate assistance as we are open and ready to assist.
Note: Guidelines depicted below were prior to the impact Coronal-Virus turmoil that has impacted all of us
Fix & Flip
90% Acquisition, 95% to 100% Rehab, not to exceed 75% ARV for the following options
Credit Line: Dedicated to Fix/Flip designed for investors who need funding for Single Family or 1-4 units. Credit Line range from $100,000 to $10 MM and allows investors to close quickly.
Non-Credit Line: Available to first time Fix & Flip investor; no experienced, funding $50,000 - $2.5 MM
Long-Term Hold Investor
80% Purchase, 75% Refinance including Cash-out
No limit to number of properties you can own or finance. No personal income verification property cash flow is the only requirement. No time requirement for how long you have held the property. Minimum property value $100,000. 30 year amortized fixed rates starting at 5.5%.
Fix & Flip investors who have decided to hold property, there is no time requirement for how long you have held
Single Family Spec Construction
75% Land Value, 95% Vertical Construction Budget, not to exceed 75% LTV
Credit Line: Is available o single lot residential, Luxury homes, PUD developments up to 20 lots, and Apartments up to 20 units. Funding from $150,000 to $2.5 mm. To qualify land must be already improved with all utilities ran to the lot lines.
Non-Credit Line: Single loans available to first-time investors with an approved general contractor.
Available to investors who want to refinance single-family, and 1-4 units under one loan offering 7 year & 30 year fixed rates. Both options are amortized for 30 years. Properties can be held in different areas or states. Contact us for information and the best selection of products available to meet your investment goals.
All Financing arrangements shown are to business entities only
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