Rehab Loan
- LG514
- LG514
Summary of all Guidelines | |
| Loan Types | Rehab Loan |
| Property Types | 2-4 Units, SFR |
| Lendding Area | texas |
| Loan amount Minimum | $50,000 |
| Loan amount Maximum | $500,000 |
| Interest Rate Minimum | 11% |
| Points Minimum 1st TD | 1 |
| Terms | 1 year, 18 month, 6 month, 9 months |
| Typical Days Required to Fund | 11-15 Business days |
| Interest Only or Amortized | Interest Only |
| Fees | Loan Documents |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| Intended Occupancy | Vacant, Tenant |
| Recourse | Recourse |
| Updated as of | 2024-04-29 |
| Program Code | LG514 |
These descriptions are limited information and meant for general reference purposes.
