Fix and Flip or Long Term Hold - Loan Amounts to $2,000,000.
Commercial or Residential Loans for Non-Owner and Investment properties up to 75% LTV.
Terms:
3 and 8 yr ARMs fixed then adjustable for remainder of 30 years.
600 minimum FICO score required.
OR
1 yr FIX and Flip 75% LTV - NO minumim FICO needed
Fix and Flip: with 650+ FICO 75% ARV
Close escrow in 14 days*
No Income verification needed.
3 months PITI reserves needed post closing.
Rates from 7.99%. Rate buydown available.
600 minimum FICO score required.
Interest reserve options.
Investor financing.
Any amount of properties allowed. In Bankruptcy or Foreclosure OK.
Unlimited cash out. No title seasoning required.
Available: Nationwide except IL, MN, ND, NV & SD.
Fees: 2 points + $995 processing in the transaction.
*with a complete file submitted and appraisal ordered.
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