Nationwide*
Fix & Flip Loans
*ND, SD, UT, & VT not included. Scores as low as 650
Embedded Files
Program Guidelines....
Up to 90% LTV of acquisition price
Up to 100% rehab costs
Up to 75% ARLTV
Loan amounts started from $50,000.00 to $5,000,000.00
Close in as little as 2 weeks
Super low interest rates
Origination Fees as low as 1pt
Loan term 12-18 months I/O with no Pre-Payment Penalty
Standard items we need from you....
Identification.
EIN Letter.
Articles of Incorporation or Articles of Organization.
By Laws or Operating Agreement.
Track History/SREO. We can use RE licenses and GC licenses towards experience as well
COGS if the entity is older than 1 year.
Standard items we need for the property....
Executed Purchase Contract or Deed/HUD for a Refinance.
Scope of Work / Rehab Budget.
Insurance.
Payoff Letter for a Refinance.
Condo Questionnaire for Condo files.
Plans and Architect Letter if there is an expansion or unit change
This program is currently available to investors with valid a corporation only, not for personal loans. For a personal residence mortgage, please visit Residential Real Estate Loan Programs
Financing is subject to verification and lender approval. We reserve the right to request additional documents for processing and underwriting.
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