| Industry-leading rates starting at | 6.75% | |
| Funding up to: | 90% of Acquisition Costs 100% of Rehab Costs 75% LTV |
|
| Options for Foreign Nationals & Non-Permanent Residents | ||
| Fix & Flip and New Construction available on the same LOC |
| Exposure Limit (LOC) | ||
|---|---|---|
| Minimum Experience | No experience required. Investors with zero experience may apply for a $500k max Exposure Limit. |
|
| Individual Loan Size | $50k-$2MM | |
| Exposure limit Amounte | $500k -$10MM | |
| Interest Accrual | Full accrual on max loan amount | |
| Max Loan-to-Value(LTV) | 75% or After Repair Value (ARV) | |
| Max Acquisition Development firm (LTC) | 90% Loan-to-Cost | |
| Rehab Development firm (lTC) | Up to 100% Rehab Budget | |
| Borrower type | Individuals and Entities(LLC, Corporation) | |
| Eligible Property Types must be-non-owner occupied |
SFR, 2-4 units, Condos2, Multi-family up to 20 units, Mixed-Use | |
| Minimum Interest | 90 days minimum interest | |
| Min Credit Score Requirement | 620 | |
| Valuation | Full interior appraisal |
