Residential products and features
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FIX AND FLIP
Up to 95% purchase, and 100% rehab, at 80% ARV,
Interest only 13 to 24 months, with extension.
No pre payment penalty, Rates start at 6.75%
BRIDGE AND GAP FUNDING
80% to 90% LTV.
Up to 5 years interest only payments
No pre payment penalty
Rates start at 6.75%
Cash out refinance
Up to 75% LTV
5 to 30 year terms
Portfolio refinance available
Non recourse available
30 Year Rental loan
Long term residential financing for rental properties,
Rates vary, but start at 5.99%
90% LTC 80% LTV
New construction
Generally start at 70 to 75% LTV,
Done on a case by case basis
No minimum FICO requirements in most cases, Rates and terms are based upon borrowers FICO, property type, Location and other factors.