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.
Borrower qualifications as follows...
- 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.
The process as follows...
- 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