Rehab, Construction and 30 year loans in the following states from 9.99% for qualified borrowers on fix and flips and construction loans
Available in the following states:
AL, AZ, CA, CO, CT, DC, DE, FL, GA, IL, IN, IA, KS, KY, LA, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NC, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WV, WI, WY
90% Loan to cost/70% ARV to qualified borrowers on 1-4 unit fix and flip
90% Loan to cost/70% of completed value on ground up construction for 1-4 unit properties
5+ unit apartment rehabs/construction for experienced borrowers
630 mid fico and up (no credit exceptions)
Rates from 9.99-12% depending on experience
Same day answers on your loan submission
5-7 day closings
NO JUNK FEES and NO Prepayment penalties on our rehab/construction loans
Foreign Nationals welcome!
Brokers always protected!
NEW NO Credit Score requirement program
All scores accepted
Credit issues must be in the past – you must be current on all your accounts at the time of submission and no open BK’s or foreclosures – NO EXCEPTIONS
12% interest only
12 month loan
close in 10-14 days
Must have down payment funds of at least 10% plus closing costs and reserves
Up to 75% ARV
Available in most states
1-4 unit residential rehabs only (no ground up construction)
MUST have previous rehab experience and be able to show HUD’s as proof
30 year fixed portfolio program available for completed properties with rates starting at 6.5% – 20 day closings
Send us your loan scenario today!
Rehab and Construction Loan Questions:
Liquid assets (cash in bank available for this deal)
Have you ever filed bankruptcy? If so, is it over 5 years since it has ended?
# of completed flips Last 24 months (completed flip = purchase, rehab, sell)