We offer “Fix and Flip” and “Construction” Hard Money Loans with big interest savings over traditional Hard Money $$ for real estate investors that wish to acquire and rehab properties or ground up construction for 1-4 unit investment properties.
How about a Hard Money loan that only charges you interest on the actual amount drawn versus the committed loan amount? If you are an investor, you need the right tools to get the job done and the efficiency to maximize your profit.
• $50,000 up to $3,500,000 loan amounts
• 12-18 month terms
• Fixed rates-Interest Only (IO)
• Interest is only charged on amount drawn. (Big $$ project savings)
• Monthly Interest Only payments offset against initial 1 month interest reserve
• All levels of experience may apply.
Our Hard Money loans are only available for non-owner-occupied investment properties whereby the proceeds are clearly designated for business purposes.
• Up to 75% of ARV based on score and experience level.
• Up to 90% of acquisition and 100% of rehab costs.
• Credit scores down to 620, with experience. Soft pulls only.
• Scope of work required
• No itemized draw schedules with unlimited draws.
• Digital self-directed inspections where you report online.
We offer No Doc (DSCR) Cash out or Rate/term permanent financing for investor properties that were recently acquired and rehabbed, based off the current appraised value, and not your cost basis. No title seasoning and no minimum ownership period required to use the appraised value with MLS before pictures and evidence of rehab/improvements from appraiser.
Contact us today to see which investor program is best suited for your property objective.
Available states: AL, AK, AR, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NC, NE, NH, NJ, NM, NY, OH, OK, PA, RI, SC, TN, TX, VA, WA, WV, WI, WY
