We offer QUICK Short Term Financing for up to 90% of the purchase price and up to 100% of the Rehab cost on Non-Owner Occupied 1- 4 Family Properties, Warrantable Condos, Townhomes, Multi- Family Buildings (5 to 75 units), and Mixed Use Properties.
Key Features:
LTV: Up to 90% of Purchase Price plus up to 100% of the Renovation Cost not to exceed 75% of the ARV.
Seller 2nd Mortgages allowed (up to 90% CLTV).
Terms: from 12 to 18 months (up to 24 months on a case by case basis)
Minimum Loan Amount: $75k
Maximum Loan Amount: $5m (up to $10m on Multi Family Buildings)
Minimum FICO: 600
NO PREPAYMENT PENALTY
2 Week Closings
Rates: from 9.99% to 13.99%
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