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Capital Three Sixty

Rehab Loan
COMMERCIAL PURCHASE & REHAB FOR MIXED USE OR APARTMENT BUILDINGS - LG454

Capital Three Sixty

Summary of all Guidelines

Loan Types Rehab Loan
Property Types 2-4 Units, Condo, Multi Family, SFR
Lendding Area NATIONWIDE
Loan amount Minimum $250,000
Loan amount Maximum $5,000,000
Interest Rate Minimum 10.75%
Interest Rate Maximum 12.75%
Points Minimum 1st TD 1.5
Points Maximum 1st TD 2.5
Terms 1 year, 18 month
Typical Days Required to Fund 20-30 Business days
Credit Score Min 650
Fees Underwriting
Entities LLC - Limited Liability Corporation
Cross Collateralize Blanket No
Lien Position 1st
Max Points Charge by Broker 5
Prepayment Penalty No Prepayment Penalty
Fixed or Adjustable Fixed
Recourse Recourse and Non Recourse available
Reserve Requirement 6 months
General Pricing or Guideline info Minimum As-Is Appraised Value: $50k
Updated as of 2024-02-18

Minimum As-Is Appraised Value: $50k

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