Loans

Lean Programs

Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

 

      FIX & FLIP   

 Fix and Rent                 

    Cash out Refi

    Buy and Hold

 

Single Family Residential

2-4 Unit Residences

Condominiums

Townhomes

 

*Points and interest will be           provided with terms  

Single Family Residential   

 2-4 Unit Residences

 Condominiums

 Townhomes 

 

•Points and interest will be provided with terms

Single Family Residential 

 2-4 Unit Residences

 Condominiums

 Townhomes                           

 

*Points and interest will be .     provided with terms .      

     

  Single Family Residential

  2-4 Unit Residences

  Condominiums

  Townhomes

 

*Points and interest will       be  provided with terms

Loans from $60k to $2.5M . 

    Loans from $75,000

Loans from $65,000 to  $3.5M +

    Loans from $75,000 to   $2.5M

Up to 90% of the PP  + 100%    of the renovation

     Up to 75% LTV

Up to 75% LTV

 Up to 85% LTV

    
 12 months

      Up to 30 years

Up to 30 year term

 3 to 3o year fixed term

    

Interest Rates from 7.99% 

  Interest Rates from 6.99%    to 11.99%

Interest Rate from 7.99% to 11.99%

 Interest Rates from 4.99% to   12.99%               

Points Points 2.5 to 3.75

 Origination Points 2.0 to     3.75

Points 1.75 to 3.75

Origination points 1.75 to 3.75        

Purchase & Renovation

 Long-Term

Cash out Long-Term Refinance

Buy and Hold

Short-Term Rental 

             Long-Term Rental                             

                                       Rental Loan ARM

 

Single Family  Residential

2-4 Unit Residences

Condominiums

Townhomes

*Points and interest will be provided with terms

              Single Family                                            Residential

              2-4 Unit Residences

             Condominiums

             Townhomes.

            *Points and interest will                           be provided with terms  

                               Long-term financing for the aggregation of                                                         stabilized rental properties.              

                                 GENERAL GUIDELINES

                               •Portfolio or Single Asset loans

                               •30 year loans, fixed for 5, 7, or 10 years

                               •Interest only for fixed period

                               •Min. FICO: 600

                               •Max LTV: 75%-80% (Purchase, R & T, Cash-Out)

                               •Property Types: SFR, 2-4 units, Condos, PUD’s,                                                    Townhomes

                               •Loans to individuals or entities

                               •Currently lending in CA, CO, FL, GA, HI, OR, NC, SC,                                         TN, TX, UT, VA & WA; more states to come

                               •Non-owner occupied only

                               •Stabilized rental properties (leased or soon-to-be                                              leased)

                               •Bank statements only / no personal income                                                     verification

                               •No DTI requirements for borrower

                               •Non-Recourse available

                               •Minimal DSCR requirements

                               •Lender Fee: $1,195

                               •No yield maintenance – sliding pre-pay only

                               *Points and interest will be provided with terms

Loans from $60k to $2.5M

           Loans from $60k to $2.5M 

                                Minimum Request: $2,500,000

Up to 75% LTV

            Up to 85% LTV     

                                Max LTV: 75%-80% (Purchase, R & T, Cash-Out)                                                   Purchase or Refinance up to 80% Loan to Value. 

   

24-Months (12-Month Extension Available)

           30-Year Amortization

                               Fixed for 5, 7, or 10 years 5 Year ARM, 10 Year                                                       ARM, or 30 Year. 

                               Fixed Rates available! 5 year Prepayment Penalty                                             – 5% – 4% – 3% – 2% – 1%

   

                               Collateral Type: 1-4 Units and Townhomes only. 

                               5 year Prepayment Penalty – 5% – 4% – 3% – 2% – 1%                                     

                                5/1 ARM 5.75 % +

                              *PRE-PAYMENT PENALTY: 3% – 2% – 1%

                                7/1 ARM 5.99 % +

                             *PRE-PAYMENT PENALTY: 4% – 3% – 2% – 1%

                               10/1 ARM 6.25% +

                            *PRE-PAYMENT PENALTY: 5% – 4% – 3% – 2% – 1%

 

Interest Rates    from 7.99%

           Interest Rates from 4.75%

                              Interest Rates from 5.25% to 6.25%

Points start 2.5 to 3.75

          Points start 2.5 to 3.75

                             Origination Fees starting at 2.0% to 3.75%

Buy-to-Rent

          Long-Term

 
Top