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Conventus

Rehab Loan
Fix and Flip - LG505

Conventus

Summary of all Guidelines

Loan Types Rehab Loan
Property Types 2-4 Units, Land Entitled, Multi Family, SFR
Lendding Area NATIONWIDE
Loan amount Minimum $150,000
Loan amount Maximum $9,000,000
Interest Rate Minimum 9%
Interest Rate Maximum 13%
Points Maximum 1st TD 2.5
Terms 6 month, 9 months, 1 year, 18 month, 2 year, 3 year
Typical Days Required to Fund 6-10 Business days
Credit Score Min 660
Entities Foreign Nationals
Lien Position 1st
Program Code LG505
These descriptions are limited information and meant for general reference purposes.