Rehab Funding

Build Your Rehab

Business With Options

Simply stated - Every real estate investor has
financing needs.
We understand that and have created…

Four investor options that range from 85% - 100% financing! And, as always, all options feature:

  • No interest payments for 6 months
  • Two-week closings
  • No prepayment penalty ever
  • Fast Rehab Funds

PROPERTY TYPE:

  • Residential 1 - 4 Family
  • Non-owner occupied
  • Small apartment and condo conversions on a case-by-case basis.

LIEN POSITION:

  • First mortgage only.

LINE TERM:

  • 12 months renewable thereafter with limited credit review.

LOAN TERM:

  • 6 months, expendable for up to 13 months.
  • ADVANCE RATE: Options from 85% to 100% of Project Costs.
  • LTV: Up to 75% of After-Repaired Value.
  • RENOVATION FUNDS:100% of renovation funds are typically advanced in 1 to 4 draws.
  • Once inspector certifies work is done, funds are wired within 24 hours directly to the investor's account.

PRICING OPTIONS:

  • We have various pricing options based upon experience, financial condition and projected loan volume (See "Rehab Program Options").

INTEREST PAYMENTS: No payments for 6 months.

  • Two years Tax Returns (both personal and business)
  • Three months Bank Statements (both personal and business)
  • Entity documents (EIN #, Certificate, Articles of Organization/Operating Agreement)

LOAN DOCUMENTATION: (For each loan)

  • Purchase Agreement (signed by both parties)
  • Summary of Rehab Work to be Completed (Request document)

GUARANTEE:

  • Personal guarantee required; close of business entity.

QUICK FUNDING:

  • Once a borrower has been approved, funding of individual transactions is typically in two weeks.
  • No borrower re-qualification is required for subsequent transactions.

Benefit from the great reputation and service our borrowers depend on nationwide. Contact us today to discuss how we can help take your rehab business to the next level. Discover the Difference.

Whether you are a novice or an experienced rehabber, we have a loan program to fit your business goals!