Fix & Flip

Acquisition & Renovation (Under 18 mo.)

Short term financing for acquisition of property as well as financing of renovation costs in one loan. Exit plan should be to renovate and resell,  or improve and rent with refinancing out of renovation financing and hold strategy. Prior renovation experience as well as your project will dictate program availability.

TERM: 12-18 Months

ARV: Up to 70% of Appraised ARV

Credit 620+

LTC: Up to 90% of Total Project Including Acquisition & Renovation Costs

Loan Amount: $75,000 - $2,000,000

One Loan Including Acquisition & Renovation Costs

No Pre Payment Penalty

Investment Properties Only

Must Be Held in An Entity

No Owner Occupied Properties

Programs Available in 42 States

RENT & hold

Longer Term Hold (24 Months+)

Longer term financing for real estate investors who are looking to buy & hold property in their rental portfolio for investment. Fix to Rent Take Out Option.

TERM: 5/25 Year Fixed, 30/30 Year Fixed

LTV:  Up to 80% 

Min Credit Score: 650

Loan Amount: $75,000 - $1,500,000

No Income Verification/DTI Calculations

No Tax Returns or 4506

No Limit on Number of Current Loans

Rents, LTV, Credit Score Determine Interest Rates

3 Year Pre Payment Penalty

Tenant In Place - Rent Ready

Program Available in 45 States

REFINANCE/Bridge

Short term refinancing for the investor who wants cash out for renovation or acquisition of another property while current property is on the market or in a  short term lease. Long term refinance would be an option for someone looking to hold a property for longer than 2 yr. term as a rental and would be terms in our Rent & Hold programs. Bridge Loans are great options for investors with more of their own capital on hand that can be used to purchase a property needing to close quickly or at an auction with their own available cash then refinance after the purchase.

Short Term: 24 months or less

LTV: Up to 75%

Credit 620+

Loan Amount: $50,000 - $2,000,000

30 Day Seasoning

No Income or DTI Calculations

No Tax Returns or 4506

No Limit on Number of Loans

No Pre-Payment Penalty

Investment Property Only

No Owner Occupied Properties

Program Available in 42 States