Loan Amount:


$75K to $5.0M

Interest Rate:


As low as 7.99%

FICO Score:


620 minimum

Terms:


12 – 24 mos.

The US real estate market is at an all-time high. The “fix and flip” investors are seeing significant return on investments; particularly for those who are able to leverage the right type of financing. Fintrus offers a “fix and flip” loan program that’s much cheaper than hard money and offers better terms and flexibility than your traditional bank. Projects range from light rehab to heavy construction.

PROGRAM HIGHLIGHTS

Loan Amount $75,000 to $5,000,000
Interest Rate As low as 7.99%
Credit Score 620 minimum mid FICO
Terms 12 to 24 months interest only
Property Types 1-4 Family Residential Real Estate; Condos; Townhomes; Multi-Families (5+); Mixed-Use Properties
Loan to Value (LTV) Up to 85% of the purchase price plus up to 100% of the renovation cost, not to exceed 75% ARV
Occupancy Investor (non-owner occupied)
Experience Proof of prior real estate investment or ownership (lower LTV for first time investors)
Loan Purpose Purchase, Refinance, Renovation, Bridge, Ground Up Development/Construction
Borrower U.S. Citizens, Permanent Resident Aliens, Legal Entities, Foreign Investors

KEY FEATURES

  • Quick Closings
  • Higher LTV
  • 100% Rehab Cost
  • Ground Up & Construction

Simple 3-Step Process to Quick Funding

Submit Loan Request

Receive Letter of Intent

Underwriting and Funding

© 2019 Fintrus | All Rights Reserved