
Loan Options
Short Term Loan
Can lend in TX, CO, AZ
48 Hour Funding, No Appraisals, No Doc, No Credit Checks
11.49% Rate
2 points & $499 Doc fee, no hidden fees
$4000 flat fee if deal is less than $200,000
We can Loan 75% LTV and up to 85% LTC
We can cash out 75% of our underwriting team's value.
New Construction
Can lend in just about all 50 States
48 Hour Approval
4-8 Day Funding, No Appraisals, Need docs now , Yes Credit Checks
10.99%-11.99% Rate depending on Experience
2-3 points & $999 Doc fee
We can Loan 75% LTV and 85% of construction cost.
We can leverage the land as the down payment if they have equity in the land. If they do not own the land they will need to put 10-20% down.
Rental Loan
Minimum credit score: 600
5, 7, or 10-year ARM program (30 year loan, interest only)
6 Months Seasoning
80% loan-to-value maximum on purchase
80% loan-to-value maximum on rate and term refinance
80% loan-to-value maximum on cash out refinance
Rates starting at 7%.
Single Family Homes, 2-4 unit properties
No income documentation required (only bank statements)
Vesting in either LLC or individual name
For loans less than $1.5M, our loans are non-recourse (no personal guarantee required)
Minimum loan amount is $100,000, maximum is $10,000,000
The states we lend in are AZ, CA, CO, FL, GA, HI, ID, IL, IN, LA, MD, MI, MN, NC, NJ, NV, OH, OK, OR, PA, SC, TN, TX, UT, VA, WA, WI and the District of Columbia.
30-40 business day closing time
Minimal closing costs
Transaction Funding
Real Estate Double Closes Pricing:
2% of transaction
* Minimum transaction fee is $2,000
Wire Fees (~$40)
Attorney/Doc Prep Fees (~$500)
Terms:
•1-2 day loan (Same Day Funding Available)
• Up to 100% Funded
• Lender discretion to require down payment
•No Credit Checks
• No Income Verification
•Same Day Funding Available
•All fees/points will be shown on HUD and paid
for with proceeds* End buyer's funds must be at Title
Company with approval to disburse beforeTIF will fund *
Requirements:
• Property Information
• Lender must approve property
•Copy of Executed Contracts
.A-B and B-C closings must go through the same
Title Company AND close the same day.
•Promissory Note
•Deed of Trust with vendor's lien
•Property Insurance lined up with Lender as
mortgagee/loss payee•All charges/payments reflected on HUD and paid
at closing•Copy of Executed Deeds required to fund
