Rehab Express is our primary short term product to purchase and renovate 1-4 unit investment properties. Borrowers can finance up to 85% of the purchase price and 100% of the renovation cost. Minimal documentation is required with closings as quick as five (5) business days.
Basic Loan Criteria
Term | 12 – 24 Months Interest only |
Loan Amount | $50,000 to $2,000,000 |
LTV |
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Minimum Credit | 680 Fico Score |
Property Types | Non owner occupied 1 – 4 unit properties |
Rehab complete is our comprehensive short term financing program for the purchase and renovation of 1-4 unit investment properties. Additional documentation is required however, borrowers are afforded flexibility in the projects that they can finance. Loans generally close within 10-12 business days.
Basic Loan Criteria
Term | 12 Months Interest only |
Loan Amount | $50,000 to 2,000,000 |
LTV |
|
Minimum Credit | 650 Fico Score |
Property Types | Non owner occupied 1 – 4 unit properties |