We offer investment loans to real estate investors for the purchase of distressed residential properties. We lend the purchase price, closing costs, and the cost of repairs. Borrower down payment is determined by the value of the property and the extent of the repairs.
Contact us for a current list of loan programs and details. Rates starting at:
11.99% interest only payments
4 points origination
36 month and 60 month terms are available
Up to 65% LTV
No Pre-Payment Penalty, Extensions available*, Investment Property ONLY, No Commercial loans.
The Minimum Credit Score Required will be adjusted monthly based on market refinance standards
Appraisal, Termite and Inspection Fees of $450.00 are due upon loan submission.
No Foreclosures on Credit Report.
The repair costs will be released in the form of draws as the work is completed. The draw schedule will be agreed upon and included in the loan documentation.
To become pre-approved for our financing in less than 24 hours Apply online
Contact us with a property you would like financed. We'll require a copy of the executed purchase contract and for you to complete our final application which we will provide.
Pre-pay for your property appraisal, survey, termite and repair inspection. The fee of $750.00 must be in the form of a mailed or hand delivered check. Loan applications will not be reviewed or processed until payment is received.
You will need to order insurance as soon as possible for a minimum term of 6 months, additional insurance requirements will be included in loan application.