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Residential Purchase/Rehab Loan Program

We’re funding fix and flips up to 70% ARV in most states. Depending on the strength of the file, we are funding most of the purchase and rehab costs. 10% to 15% down is possible and varies based on location. Terms are 6  13 months, 7 to 14% rates, and 2.5 to 4 points. Min loan amount is $75K. Lower loan amounts on a case by case basis. Eligible property types are 1 to 4 unit residential and Condos. There is no pre-pay penalty and the more experience you have the better rate you may obtain.

Credit may or may not be an issue but we do need a credit report, which the borrower may supply to us. We will provide you with the specific application pertinent to your scenario.

The following items are also required:
+ Purchase agreement and listing info if applicable
+ Pictures
+ Scope of rehab needed
+ Comps
+ Credit report within the last 30 days

Please contact us at commercialloanprovider@gmail.com if you wish us to review a project or apply.