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Rehab Loan
Fix and Flip - Residential
Program #LG636

Penstock

Summary of all Guidelines

Loan TypesRehab Loan
Property Types2-4 Units, SFR
Lendding AreaNATIONWIDE
Loan amount Minimum $500,000
Loan amount Maximum $10,000,000
Interest Rate Minimum 10.5%
Points Minimum 1st TD 1
Points Maximum 1st TD 3
Terms 6 month, 9 months, 1 year
Credit Score Min680
Lien Position1st

Fix and flip loans provide additional funds to complete renovations for residential projects

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