- Loan Size: $250,000 to $10MM
- LTC: Up to 90% Loan To Purchase Price
- ARV: Up to 70%
- First Mortgage ONLY
- No interest charged on unused rehab funds
- 100% Rehab Financing
- Credit Score from 620 and up but main focus is collateral and exit strategy
- Full Recourse
- Close 7 Days after all docs submitted and approved (we close as fast as the borrower gets us what we ask)
- NON Owner Occupied ONLY
- 8-11%
- 3 points
- Loan Term; 6-12 months with extension options
- NATIONWIDE except W. VA, Dakota's, VT, MN
- HEAVY focus on New England, TX and FL
