Don’t miss that next BIG opportunity!
Sometimes a great opportunity comes up in the market and you have to act fast. Our fix and flip program allows borrowers to purchase a distressed property or refinance an incomplete property for the purpose of rehabbing for a pending sale or retain as an owner-occupied or investment property.
We focus more on the real estate asset & loan-to-value rather than the borrower’s credit and income. Our loans comes with variable interest rates and interest only amortization.
Features of our loan program include:
- Terms up to 12, 18 and 24 months (w/ 12 months extension available)
- Purchase up to 85% LTV; Refinance up to 70%
- 100% rehab cost not to exceed 75% ARV
- Flexible prepayment options
- FICO scores from 600-660
- Property types include 1-4 Residential, Condos, Townhomes, 5+ Unit Apartments and Mixed-Use Properties
- Defined exit strategy, market saturation, borrower’s experience and background adds value to
Contact us to get the funding you need.