Rehab Loan
Residential Short-Term Fix & Flip Loan
Program #LG245
Residential Short-Term Fix & Flip Loan
Program #LG245
![Carolina Capital Management, LLC](https://lendding.com/wp-content/uploads/2024/09/2087398000006578009_accounts_photo-150x95.png)
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 |
- Up to 90% of the purchase price.
- 10.99% Interest Rate
- Jonathan Davis
President, CEO
- Bill Fairman
Fund Manager