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Rehab Loan
Light Rehab
Program #LG281

IceCap Group

Summary of all Guidelines

Loan TypesRehab Loan
Property Types2-4 Units, Condo, SFR
Lendding AreaNATIONWIDE
Loan amount Minimum $50,000
Loan amount Maximum $3,000,000
Points Minimum 1st TD 1
Points Maximum 1st TD 2
Terms 6 month, 9 months, 1 year, 18 month, 2 year
Credit Score Min680
Interest Only or AmortizedInterest Only
Lien Position1st
Reserve RequirementNone
General Pricing or Guideline info - Timing to close: 3-20 Days - Personal Guarantee: Full - LTARV: 70% Max - Min. Experience: 3 Similar Projects - Purpose: Purchases, Refinance, Cash-out Refinance - Property Types includes Townhomes.
Updated as of2023-10-12

- Timing to close: 3-20 Days
- Personal Guarantee: Full
- LTARV: 70% Max
- Min. Experience: 3 Similar Projects
- Purpose: Purchases, Refinance, Cash-out Refinance
- Property Types includes Townhomes.

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