HARD MONEY LOANS

NO EXPERIENCE - NO PREPAYMENT

Amount: $250,0000 to $5,000,000 not to exceed the max FHA cap per state per county.

LTV: Up to 90% Purchase + 90% Renovation NTE 65% of ARV, Cash-Out up to 50% of AS-IS

Rate: Starting at 8% (based on credit and experience)

Term: 12 months

FICO: No minimum

Experience: No minimum required.

Property Type: 1-4 SFR Units, Town-homes, Mobile Homes with Land

NOTE: Property MUST meet the lender's standards. See picture above

Appraisal Options: Standard or Renovation Report. Fees vary by state

Borrower Type: Investor Only; LLCs, Corporations and Limited Partnerships U.S. Citizens, Permanent Resident Aliens

Closing: Up to 4 weeks
Position: 1st only

Location: Mostly all states EXCEPT MN, NC NJ, NV, NY, SD, UT, VT

Reserves

  • Up to 6 months of PITIA.

Foreign Nationals with approved visa are welcome

SINGLE FAMILY

Minimum Loan: $50,000

Minimum Property Value $50,000

Maximum Loan: $2,000,000

Purchase: Up to 90% of the Purchase Price + 100% of Renovation Costs

Term: 12 months

Refinance: Up to 72.5% of the As-Is Value + 100% of Renovation Costs

Cash-Out: Up to 65% of the As-Is Value + 100% of Renovation Costs

Credit Score - 620 or higher

Property Type: Non-Owner Occupied 1-4

Family Real Estate; Condos; Townhomes

Termination Fee: 1% After Month 9

ALL PROPERTY TYPES - USA

  • $250,000 to $75 Million

  • Purchase, refinance, fix-and-flip, construction, development, bridge, and cash-out loans

  • No Appraisal < $500K

  • All Investor & Owner - Occupied Commercial Property even Special Purpose and Land

  • Rates Start at 5%

  • Up To 85% LTV

  • Credit Score from 650

  • Non-Profits are OK

  • Fully Amortizing Loans

  • No Prepay Penalty

  • Interest Only Available

  • Unrestricted Cash-Out (Minimum 1 year seasoning)

  • Expedited Closing Process

  • Flexible Underwriting

  • Full Appraisal

  • Recourse: Yes

  • Available in all 50 States + D.C. Rural locations accepted

APARTMENT, MULTIFAMILY, AND COMMERCIAL PROPERTIES

Size: $1MM and up

Term: 6 months to 3 years (extension options available)

Interest Rates: 12% +

Origination Fee: 3.00% - 5.00%

Amortization: Interest only (deferred payments occasionally available)

Maximum LTV: 65% of as-is value

Credit Score: We have no minimum credit score requirements, but we suggest you bring the process of improving your credit so you can refinance into a conventional loan which requires a 650 score

Advantages

  • Loan amount determined by property value.

  • Fast closing process.

  • Limited borrower qualifications required.