Renovation & New Construction (Non-Recourse Available for Self-Directed Retirement Accounts)
Loan Amounts from
$100K to $5M+
1-4 unit investment
properties
90% of purchase price and 100% of renovation costs, up to 75% of After Repair Value for experienced investors. New Construction limited to 60% of as-is value, 85% of total costs, and 70% of after repair value
Rates starting at 9.375%
Loan Terms: 12-24 months
Nationwide except: CA, AZ, NV, ND,
SD, MN, VT, UT, OR, ID
Bridge Loans
(Non-Recourse Available for Self-Directed Retirement Accounts)
Loan amounts: $100K to 1.5M+
Up to 80% LTV on Purchase and Rate/Term Refinance Transactions
Up to 75% LTV on Cash-Out Refinances
No Minimum Title Seasoning for Cash-Out Refinances if $10K or more of improvements has been performed on the property
600 Minimum Minimum Credit Score
Lower credit scores are considered on exception
1-4 unit investment properties
Blanket Loans up to 10 properties
Interest Rates starting at 9.375%
Loan Terms: 12-24 months
Nationwide Except:
CA, AZ, NV, OR, ID, ND, MN, SD, UT, VT
Long Term Rental Loans
(Available in select states on a non-recourse basis)
Loan Amounts from
$75K to $5M
1-4 unit investment properties, 620 minimum mid FICO score required
Up to 85% Loan to Value for purchase, rate/term, and up to 80% Loan to Value cash-out refinance transactions in select states
Rates starting
at 6.50%
A 30 year fixed term on a single property loan or Blanket loan up to 10 properties.
Nationwide except: CA, AZ, NV, ND,
SD, MN, VT, UT, OR, ID
