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Persevere Lending

Rehab Loan
Construction Rehab - LG55

Persevere Lending

Summary of all Guidelines

Loan Types Rehab Loan
Property Types 2-4 Units, SFR
Lendding Area california
Loan amount Minimum $50,000
Loan amount Maximum $5,000,000
Interest Rate Minimum 9.5%
Points Minimum 1st TD 1.5
Terms 1 year, 18 month
General Pricing or Guideline info Rehab & Construction Rehab and construction loans are an attractive option for investors who are adding value to the subject property and want to leverage the existing and/or projected equity as opposed to coming out of pocket for the improvements. ​ Loan amounts are determined by analyzing the current valuation and equity in the property, the scope of work and budget, and the after-repair value (ARV).
Updated as of 2022-12-24
Program Code LG55

Rehab & Construction

Rehab and construction loans are an attractive option for investors who are adding value to the subject property and want to leverage the existing and/or projected equity as opposed to coming out of pocket for the improvements.

Loans amounts are determined by analyzing the current valuation and equity in the property, the scope of work and budget, and the after-repair value (ARV).

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