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Rehab Loan
Fix and Flip - Residential
Program #LG636

Penstock

Summary of all Guidelines

Loan Types Rehab Loan
Property Types 2-4 Units, SFR
Lendding Area NATIONWIDE
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 Min 680
Lien Position 1st

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

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