FIX and Flip or Long term Hold - Stated Income to 75% LTV/ARV

By
Mortgage and Lending with RT Capital Advisors, Inc. CEO

Stated Income, Verified Asset - Purchase or Refinance Loans

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.

or

1 yr FIX and Flip.

Over 650 FICO = 75% ARV (after repaired value)**

**finance part of the rehab!

No Income verification needed. 

3 months PITI reserves needed post closing.

Long term hold Rates from 7.99%. Rate buydown available. 

600 minimum FICO score required. 

21 day close of escrow. 

Interest reserve options.

Fix and Flip: NO minimum FICO 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.
Posted by
Bob Thompson
Chief Executive Officer
Lending Advisors providing unique access to Hedge Funds, Private Money, Private Party, REITs, CMBS, Community, Regional & Global Bank niche mortgage products nationwide.
RT Capital Advisors
1 (562) 344-LOAN

 

 

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