Rehab Loan
Residential Short-Term Fix & Flip Loan - LG245
Residential Short-Term Fix & Flip Loan - LG245
Summary of all Guidelines | |
| Loan Types | Rehab Loan |
| Property Types | 2-4 Units, SFR |
| Lendding Area | florida, georgia, north-carolina, south-carolina, tennessee, texas, virginia |
| Loan amount Minimum | $50,000 |
| Loan amount Maximum | $600,000 |
| Interest Rate Minimum | 11% |
| Points Minimum 1st TD | 3 |
| Points Maximum 1st TD | 3.5 |
| Terms | 6 month, 9 months |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | - Up to 90% of the purchase price. - 10.99% Interest Rate |
| Updated as of | 2023-10-24 |
| Program Code | LG245 |
- Up to 90% of the purchase price.
- 10.99% Interest Rate
