Our Programs below will be based upon the Integrity & Credibility of the Borrower
Loan Amount: Up to 5Million
Term: 12 Months Initial Term
Interest Starting From: 5%
Property: Non-Owner Occupied 1-6 family
Loan To Value: 80% LTV Purchase
Rehab Funds: 100%
Max After Repair Value: 85% ARV
No Pre-Payment Penalty
Nationwide: Office Locations
LIEN POSITION: First Mortgage Only
STANDARD TERM: 12 Months
CLOSING COSTS: Paid at Closing
REQUIRED DOCUMENTS
1. Loan Application
2. Credit Authorization
3. Construction Cost Sheet
4. Credit Card Authorization
5. Copy of valid Soc. Sec. Card & Driver’s License
6. Bank Statements: Most recent 2 months supporting Cash Reserves, Down Payment, & Closing Fee’s.
7. LLC or Partnership: Proof of Publication, Articles of Organization, Operating Agreement, Member Resolution & Percentage of Ownership
8. 1 year proof of Home Owners Insurance
9. CLOSING: 5-7 days.