LOAN PROGRAMS
REHAB LOANS These loans are also referred to as "fix and flip" loans. Short term program designed for property investors who are buying wholesale properties, making repairs, and selling them to a retail buyer for a profit. Loan approval based on project scope, investor's experience, and exit strategy.
Typical Closing Timeline is 10 days
Rates
Loan Amounts
Term
Lien Position
LTVs
Property Types
NO PREPAYMENT PENALTY
Loan Amounts
Term
Lien Position
LTVs
Property Types
NO PREPAYMENT PENALTY
12.99%
$75,000 - $500,000
1 Year
1st Position
up to 65%
Single Family Residence
$75,000 - $500,000
1 Year
1st Position
up to 65%
Single Family Residence
RENTAL PROPERTY LOANS Loans made on non owner occupied investment property. Homes must be in good existing condition. Cash flow, location, and rental history will be used to make an approval decision.
Typical Closing Timeline is 14 days
Rates
Loan Amounts
Term
Lien Position
LTVs
Property Types
NO PREPAYMENT PENALTY
Loan Amounts
Term
Lien Position
LTVs
Property Types
NO PREPAYMENT PENALTY
12.99%
$50,000 - $500,000
Up to 5 Years
1st Position
up to 65%
Single Family Residence, 1-4 Unit
$50,000 - $500,000
Up to 5 Years
1st Position
up to 65%
Single Family Residence, 1-4 Unit
BRIDGE LOANS Short term loans used for a variety of purposes and secured by a wide range of collateral. You can utilize a bridge loan to secure a deal, contract flips, and transactional funding. Conditions for approval specific to each project.
Typical Closing Timeline is 14 days
Rates
Loan Amounts
Term
Lien Position
LTVs
Property Types
NO PREPAYMENT PENALTY
Loan Amounts
Term
Lien Position
LTVs
Property Types
NO PREPAYMENT PENALTY
9%
$50,000 - $1,000,000
6 months or Less
1st Position
up to 65%
Single Family Residence, 1-4 unit, Commercial Property, Hotels, Multi
$50,000 - $1,000,000
6 months or Less
1st Position
up to 65%
Single Family Residence, 1-4 unit, Commercial Property, Hotels, Multi
COMMERCIAL LOANS Loans secured by commercial property. Short and long term products available. Conditions for approval specific to each project.
Typical Closing Timeline is 30 days
Rates
Loan Amounts
Term
Lien Position
LTVs
Property Types
NO PREPAYMENT PENALTY
Loan Amounts
Term
Lien Position
LTVs
Property Types
NO PREPAYMENT PENALTY
12.99%
$100,000 - $5,000,000
Based on project
1st Position
up to 65%
1-4 unit, 5+ unit, commercial property, retail, office, industrial, high rise, condominiums, storage
$100,000 - $5,000,000
Based on project
1st Position
up to 65%
1-4 unit, 5+ unit, commercial property, retail, office, industrial, high rise, condominiums, storage
Loan terms and conditions subject to change