HIGH experience vs.

LIMITED EXPERIENCE

Whether you are a thirty year veteran, or this is your first "flip," we absolutely have a loan program for you. Veteran flippers will enjoy higher leverage and lower interest rates, but we are hyper-competitive either way.


LOW LEVERAGE VS.

HIGH LEVERAGE

Low leverage means that you just want purchase money at 65% LTV or less, and high leverage means you want the lowest possible down payment plus rehab funds. Again, we absolutely have loan programs that fit both needs, and our highest leverage loan is 90% Purchase Money + 100% Rehab Funds.

 

INTEREST RATE VS.

LOAN TERMS

 

LOAN AMOUNTS VS.

COST OF LOAN

 

 

CONSTRUCTION LOANS

All our "flip" loans are twelve months in length, and we DO NOT have any prepayment penalties for any loan program. Our lowest possible rate is 7% interest for low leverage, and experienced flippers enjoy high leverage at 9% rates.


We can do $75,000 up to $3,000,000 for "flip" loans.  Points will be as low as 1.5 for larger loan amounts and lower leverage.  Full Appraisals are only necessary for loans above $1,000,000 and we have a $995 processing fee with all loans.


Yes, we have "ground up" money, but these are for 1-4 Units, $3,000,000 Max Amounts, they are private money: 65% of TOTAL PROJECT cost at 9.5% and 2.5 Points.