Guidelines
- States: Nationwide
- Loan Size: $100,000 – $3+Million
- Loan Term: Up to 12 months (right to extend)
- Rate: 10%-14% Interest Only Payments
- Pre-Payment Penalty: None
- Origination Fee: 2 – 4 Points
- Loan To Value: Up to 80%-100%
- Minimum Property Value: $75,000
- Mortgage Position: 1st Mortgage Position
- Closing Timeline: 5-10 Business Days
Property Types
- Single Family Renovation/Construction
- Condo Conversions
- Income Producing Commercial Property
- Multi-family
- Retail (Strip Center)