Summary of all Guidelines |
Loan Types | Hard Money Loan, Rehab Loan |
Property Types | 2-4 Units, Multi Family, Restaurant, Self-Storage, SFR |
Lendding Area | virginia |
Loan amount Minimum | $25,000 |
Loan amount Maximum | $1,500,000 |
Interest Rate Minimum | 12.5% |
Interest Rate Maximum | 20% |
Points Minimum 1st TD | 3 |
Points Maximum 1st TD | 5 |
Terms | 6 month, 9 months, 1 year, 18 month, 2 year, 3 year, 4 year, 5 year |
Interest Only or Amortized | Interest Only |
Extensions Available | Considered based on Performance |
Prepayment Penalty | 3 months |
Fixed or Adjustable | Fixed |
Program Code | LG515 |