Up to 100% Financing Loans for Residential Investor Acquisition/Rehab Properties/Foreclosures/Bank REO's. IDEAL FOR BELOW MARKET VALUE INVESTOR FORECLOSURES AND REHAB PROPERTY!

This breakthrough loan product is ideal for Single Family, 2-4 Family. Experienced and beginners are welcome to apply.  We are beginner friendly! Acquire below market residential properties with little or no money down

LITTLE OR NO MONEY DOWN!

4 Financing options: 85% financing/90% financing/95% financing/100% financing

States: Lending in 37 States and growing!

Loan Amounts- $25,000.00 TO $500,000.00

Lien Position: First Mortgage Only

Loan Term: Up to 24 months, renewable thereafter with limited credit review

No payments for 6 months!

No pre-payment penalties!

Advance Rate: Options from 85% to 100% of project costs.

LTV: Up to 70% of AFTER-Repaired Value AVR or 70% full market value if no repairs required.

Interest, points and closing cost can be financed to reduce funds required at closing!

Renovation Funds: 100% of renovation funds are typically advanced in 1 to 4 draws.  Once inspector certifies work is done, funds are wired within 24 hours directly to investor's account.

Pricing Options: We have various pricing options based upon experience, financial condition and projected loan volume.

Interest Payments: No payments for 6 months

Guarantee: Personal guarantee required, close in name of business entity.

Closings: Once borrower has been approved, funding of individual transactions is typically in TWO WEEKS.  No borrower re-qualification is required for subsequent transactions.


GUIDELINES TO QUALIFY:

Credit Score (FICO) of 640+
Full Doc's- 2 years of Tax Returns, Personal & Business
Three months bank statements, Personal & Business
Entity documents (EIN#, Certificate, Articles of Organization/Operating Agreement)
Purchase Agreement signed by both parties
Summary of Rehab work to be Completed if any
Minimum of $20K Total Liquidity


If you have a pending deal or a target deal, get pre-qualified now. Contact us to request the simple 1 page pre-qualification application and fax it back to us.