Summary of all Guidelines | |
Loan Types | Bridge Loan, Construction Loan, Hard Money Loan, Rehab Loan |
Lendding Area | florida, oklahoma, tennessee, texas |
Interest Rate Minimum | 10.5% |
Interest Rate Maximum | 12.5% |
Points Minimum 1st TD | 2 |
Points Maximum 1st TD | 4 |
Upfront Fees | Processing Fee |
ARV Rehab & Construction | 70 |
No Upfront fees
No Credit Check
No Financials, No Tax Returns, No Bank Statements, etc
No Appraisal as long as we can pull comps (commercial is case by case)
No Prepayment Penalty
No Survey
No Pre-Inspection
Here are just a few examples of solutions that we can help with:
Investment loans
Fix and flip Loans
New construction
Refinance and cash-out refis
Landlord Loans
Transactional Funding
And more…
Loan Options:
• 10.5% 3-4 points
• 12.5% 2-3 points
• $1,500 processing fee
*Processing fee is only collected if you close / buy the home
We do NOT have an application or application fee. We lend up to 70% of ARV. We do NOT require survey, inspections, appraisals, and there is no prepay penalty 6 month loan with option to extend every 3 months for 1 point (at our discretion).
They offer financing for Bridge Loans, Construction Loans, Hard Money Loans and Rehab Loans. Although rates can change they are typically lending at a minimum rate of 10.5%. Maximum interest rate of 12.5%. Points charged are deal specific, but historically have charged a minimum of 2. Maximum points charged are 4.
These descriptions are limited information and meant for general reference purposes.