Rehab Loan
Fix to Rent - LG87
Fix to Rent - LG87
Summary of all Guidelines | |
| Loan Types | Rehab Loan |
| Property Types | 2-4 Units, Condo, Multi Family, SFR |
| Lendding Area | alabama, arizona, arkansas, california, colorado, connecticut, delaware, florida, georgia, hawaii, idaho, illinois, indiana, iowa, kansas, kentucky, louisiana, maine, maryland, massachusetts, michigan, minnesota, mississippi, missouri, montana, nebraska, nevada, new-hampshire, new-jersey, new-mexico, new-york, north-carolina, north-dakota, ohio, oklahoma, oregon, pennsylvania, rhode-island, south-carolina, tennessee, texas, utah, virginia, washington, west-virginia, wisconsin, wyoming |
| Loan amount Minimum | $75,000 |
| Loan amount Maximum | $3,000,000 |
| Terms | 18 month, 30 year |
| Recourse | Non Recourse |
| General Pricing or Guideline info | Fix-to-rent rehab loans are a 2 time close program – one for 13 or 19 months to purchase and renovate and then a refinance into a 30 yr. term loan. N-HOUSE SERVICING | INTERNAL VALUATIONS* | CONSTRUCTION MANAGEMENT |
| Updated as of | 2023-01-18 |
| Program Code | LG87 |
Fix-to-rent rehab loans are a 2 time close program – one for 13 or 19 months to purchase and renovate and then a refinance into a 30 yr. term loan.
N-HOUSE SERVICING | INTERNAL VALUATIONS* | CONSTRUCTION MANAGEMENT
These descriptions are limited information and meant for general reference purposes.