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Friendly Rehab Funds

Rehab Loan
- LG515

Friendly Rehab Funds

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