Fix-and-Flip / Bridge loan program to offer a maximum rehab size of $300k, and rehab amounts up to 150% of the cost basis (previously 100%).
Fix-and-Flip (Bridge) Loans:
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Rates as low as 9.25%*
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Up to 90% LTC and 75% ARV
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12, 18, and 24-month terms available with interest as drawn on all** bridge loans
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Online, 24/7 access to billing statements and tax documents
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No application fee, no income and no employment verification
Single Asset DSCR Rental Loans:
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Rates as low as 7.25%*
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Cash-out refinances up to $500k
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No pre-payment penalty after year 3
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Up to 80% LTV
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Single-family homes, attached/detached PUDs, 2-4 units, and condos
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5/1 ARM, 7/1 ARM, 30-year fixed, and interest-only options available
Rental Portfolio Loans:
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Rates as low as 7.25%*
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5+ property loans consolidated under one, low monthly payment
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Interest-only, rate and term, and cash-out options for portfolios with 5+ properties
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10 and 30-year options
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Up to 80% LTV
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Loans starting at $500K
Easy and Secure On-Line Loan Application