FIX AND FLIP LOANS

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Loan Term:

12 Months

Minimum Loan Amount:

$50,000

Minimum Property Value:

$75,000

Maximum Loan Amount:

$2.5 Million

LTV:

Up to 90% of the purchase price (LTC) + 100% of the rehab cost; No to exceed 75% of the ARV.

Minimum FICO Score:

500

Property Type:

Non-Owner Occupied 1-4 Family & Multifamily Real Estate;

Condos; Townhouses; 5+ Unit Apartments; Mixed-Use Properties

Pre-Payment Penalty:

None

Rates:

Starting at 7.99%

Termination Fee

1% after month 9 fix and flip loans real estate investor