Loan Terms:

Loan Programs

RESIDENTIAL REHAB LOAN PROGRAM

(Single Family Residences, Condos, Townhomes, Row homes, Duplexes, 3-plexes, and 4-plexes)

States we lend in: AL, AK, AR, CO, CT, DE, DC, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MS, MO, MT, NE, NH, NM, NC, OH, OK, PA, SC, TN, TX, VT, VA, WA, WV, WI, and WY.

Loan to Value:

up to 65% of “as is” value

Interest rates:

from 13% to 17% (rates based on several variables)

Loan Fees:

4-7% of loan amount plus Underwriting/ Processing fees of $2325.

PLEASE Note:

Borrowers are required to pay loan fees at closing

Low or No Credit:

loans are given primarily based on the property, not the borrower’s credit

Loan Term:

6-24 month terms available

Min/Max Loan Amounts:

$15K to $No Max

Quick turnaround times:

From application to funding, the typical timeline is 2-3 weeks or less

RESIDENTIAL PURCHASES, REFINANCES, AND CASH OUT REFINANCES

(Single Family Residences, Condos, Townhomes, Row homes, Duplexes, 3-plexes, and 4-plexes)

States we lend in:

AL, AK, AR, CO, CT, DE, DC, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MS, MO, MT, NE, NH, NM, NC, OH, OK, PA, SC, TN, TX, VT, VA, WA, WV, WI, and WY.

Loan to Value: up to 80% of Purchase Price or 65% of value for refinances

Interest rates:

from 13% to 17% (rates based on variety of variables)

Loan Fees:

4-7% of loan amount plus Underwriting/ Processing fee ($2325)

PLEASE Note:

Borrowers are required to pay loan fees at closing

Low or No Credit:

loans are given primarily based on the property, not the borrower’s credit

Loan Term:

6-24 month terms available

Min/Max Loan Amounts:

$15K to $No Max

Quick turnaround times:

From application to funding, the typical timeline is 2-3 weeks or less

Commercial Loan Programs:

(Multi-Family 5+ units, Industrial, Office, Retail, Mixed-Use, Self-Storage)

States we lend in:

AL, AK, AR, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NH, NM, NC, OH, OK, OR, PA, SC, TN, TX, UT, VA, WA, WV, WI, and WY.

Loan to Value:

up to 55% of purchase price (60% in some cases). Up to 60% of value for refinances. LTV’s vary based on risk

Interest rates:

from 12% to 17% (rates based on variety of variables)

Loan Fees:

3-7% of loan amount. Additional fees could apply.

PLEASE Note:

Borrowers are required to pay loan fees at closing

Low or No Credit:

Loans are given primarily based on property value not the borrower’s credit

Loan Term:

6 months to 3 year terms available

Min/Max Loan Amounts: $50K to $No Max

Quick turnaround times:

From application to funding, the typical timeline is 4-6 weeks or less but can vary based on the project.