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Rehablend

Rehab Loan
Fix and Flip Loan - LG114

Rehablend

Summary of all Guidelines

Loan Types Rehab Loan
Property Types 2-4 Units, Condo, Multi Family, SFR
Lendding Area NATIONWIDE
Loan amount Minimum $125,000
Loan amount Maximum $5,000,000
Interest Rate Minimum 8.25%
Interest Rate Maximum 10.25%
Points Minimum 1st TD 1
Points Maximum 1st TD 2
Terms 1 year, 18 month, 30 year
Typical Days Required to Fund 20-30 Business days
Credit Score Min 620
Interest Only or Amortized Interest Only
Fees Legal Review
Lien Position 1st
General Pricing or Guideline info - Interest Rate: 8.25%+ Long-Term, 10.25%+ Bridge. - Origination Fee: 1 to 1.5 Pts Long-Term, 1.5 to 2 Pts Bridge. - Time to Close: 2 to 3 Weeks. - Acceptable Markets: Nationwide Urban and Suburban. - Minimum Personal FICO Score: 620 Bridge, 680 Long-Term. - Minimum Experience: We Lend to First-timers. - Acceptable Property Types: 1-4 Family, Multifamily, Condos, PUDs.
Updated as of 2023-10-23

- Interest Rate: 8.25%+ Long-Term, 10.25%+ Bridge.
- Origination Fee: 1 to 1.5 Pts Long-Term, 1.5 to 2 Pts Bridge.
- Time to Close: 2 to 3 Weeks.
- Acceptable Markets: Nationwide Urban and Suburban.
- Minimum Personal FICO Score: 620 Bridge, 680 Long-Term.
- Minimum Experience: We Lend to First-timers.
- Acceptable Property Types: 1-4 Family, Multifamily, Condos, PUDs.

These descriptions are limited information and meant for general reference purposes.