Loan Options
Short Term Loan
Can lend in TX, CO, AZ, TN & GA
48 Hour Funding, No Appraisals, No Financials, No Doc, No Credit Checks, No Surveys
11.45% Rate
2 points & $699 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
Up to 90% of the Purchase Price
We can cash out 75% of our underwriting team's value.
New Construction
Credit Based We Can Loan Up to 80% LTC With 2 Past Projects 660 Credit Score or 75% LTC with 680 credit and No Past Projects
Asset Based We can Loan up to 70% Of total COST with No Appraisals, No Financials & No Credit Checks
100% Construction Financed (Need to have enough equity in the land)
Non Dutch (No payments until funds are drawn)
No Appraisals or Credit Needed (Depending on the Loan Program you Choose)
72 Hour Financing Available
Low Fees
No Prepayment Penalties
Can lend in 32 States
24 Hour Approval Available
10.99%-11.99% Rate depending on Experience/Program
2-3 points & $999 Doc fee
We can Loan 75% LTV and up to 85% of construction cost.
We can leverage the land as the down payment if you have equity in the land. If you do not own the land you will need to put 10-20% down of cost.
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