- UP TO 100% Financing - PLEASE NOTE -NOT ALL LOANS WILL QUALIFY based on ARV, actual may be anywhere from 96%-99% LTARV
- 100% of 1st if LTARV is 66% or less
- 100% of Down Payment in a 2nd Lien up to $150k
- Loan Size - $250k - $2,000,000 +
- EMD paid can be credited towards Closing Costs and/or refunded, whatever is remaining
- 100% Rehab & Construction Funds
- 100% Deferred Payments
- 100% of Origination Points Rolled into the Loan
- Soft Credit Pull
- Construction Loan Experience- Min 4 Projects completed in the past 5 years OR Credit given if you have a GC License (2 credits), Provide Permits you pulled as a GC (1 credit per permit), have rentals or completed rehabs
- Rehab Experience as little as 0 completed - reduced leverage may apply
- Experience - means you bought/owned the property you rehabbed, built then sold or rented or were on title as a partner
- Min FICO 680 mid Score / Credit Partner OK if needed
- Non Dutch Interest
- Close in as little as 10-20 business days
- Min Property Value for Land $75k
- Permits required before underwriting for any construction or additions
- 12 mo terms
- 10 - 15% of budget liquidity required to show with a recent bank statement
Preferred Markets
AL,AR,AZ,CA,CO,CT,DC,DE,FL,GA,IL
IN,KS,MA,MD,MO,MN,NC,NH,NJ,NV
OH,OK,PA,RI,SC,TN,TX,UT,VA,WA,WI
