
LOAN
TYPES

Fix N Flip
*Non-owner occupied*
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Property types: SFR, Condo, Townhome, 2-4 unit properties, Mixed-Use
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Will lend up to 75% of After Rehab Value or 90% Loan to Cost (Generally the lesser of the two)
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Funding up to 100% rehab budget and up to % Approved LTV of Total Costs
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Borrower type: individual or entity
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12 months standard term with options to extend
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Minimum 600 FICO
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No interest charged on unused rehab funds
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No pre-payment penalty
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Very competitive rates.
Rental
*Non owner occupied*
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Purchase or cash out refinance
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Property types: SFR, Condos, Townhomes, 2-4 unit properties
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30-year fixed rate rental loans – 5, 7, 10 year options available
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Borrower type: LLC or individual
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Minimum seasoning requirements - 90 days
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Minimum 620 FICO
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Very competitive rates


New construction
*Non owner occupied*
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Property types: SFR, 2-4 unit properties, Multi-family 5-20 units, Mixed-use, Detached or townhouse style condos.
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Ground-up construction loans for developers and investors building 1-5 properties at a time.
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Financing can include the lot if the lot is in build-ready condition.
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Includes exposure limit (LOC) for experienced large volume investors, with options for inexperienced investors.
Portfolio
*Non owner occupied*
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Purchase or refinance
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Property types: SFR, Condo, Townhome, 2-4 unit properties, Multifamily (up to 20 units)
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30 year fixed with 5 and 10 year options available
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Interest only options available
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Borrower type: Entity only
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Minimum 5 properties
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Minimum 500k loan amount
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Minimum seasoning requirements - 90 days
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Minimum 620 FICO
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Very competitive rates
