Fix-and-Flip / Bridge loan program to offer a maximum rehab size of $300k, and rehab amounts up to 150% of the cost basis (previously 100%).
Fix-and-Flip (Bridge) Loans:
Rates as low as 9.25%*
Up to 90% LTC and 75% ARV
12, 18, and 24-month terms available with interest as drawn on all** bridge loans
Online, 24/7 access to billing statements and tax documents
No application fee, no income and no employment verification
Single Asset DSCR Rental Loans:
Rates as low as 7.25%*
Cash-out refinances up to $500k
No pre-payment penalty after year 3
Up to 80% LTV
Single-family homes, attached/detached PUDs, 2-4 units, and condos
5/1 ARM, 7/1 ARM, 30-year fixed, and interest-only options available
Rental Portfolio Loans:
Rates as low as 7.25%*
5+ property loans consolidated under one, low monthly payment
Interest-only, rate and term, and cash-out options for portfolios with 5+ properties
10 and 30-year options
Up to 80% LTV
Loans starting at $500K
Easy and Secure On-Line Loan Application
