Rehab Loan
Fix & Flip - LG293
Fix & Flip - LG293
Summary of all Guidelines | |
| Loan Types | Rehab Loan |
| Property Types | Condo, Multi Family, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $10,000,000 |
| Interest Rate Minimum | 9% |
| Terms | 6 month, 1 year, 18 month, 2 year |
| Typical Days Required to Fund | 5 Business days or less |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | - Competitive LTV and LTC. - Up to 75% of after-repair value. - 100% of the rehab costs. - Full transparency. - Minimal Documents: No tax returns, no W-2s, and no bank statements required. - Closings in as fast as 5 business days, subject to clear title. |
| Updated as of | 2023-11-21 |
| Program Code | LG293 |
- Competitive LTV and LTC.
- Up to 75% of after-repair value.
- 100% of the rehab costs.
- Full transparency.
- Minimal Documents: No tax returns, no W-2s, and no bank statements required.
- Closings in as fast as 5 business days, subject to clear title.
