Lender · Chevy Chase, MD · Member since 2015 · 1k+ posts · 136 votes
We are now offering a Fix N Flip LOC program. See below key specs:
Up to 90% LTC Rehab can exceed purchase Rehab over $100K will offer interest only charged on funds drawn on Can close without appraisal finished Can close in 5 days Underwritten once and good for 12 months No appraisal fees upfront No PPP 6, 9 , or 12 month term option
Lender · Chevy Chase, MD · Member since 2015 · 1k+ posts · 136 votes
9y
@Donald Hodge The LOC program is not available in Hawaii but our Fix N Flip program is which offers up to 90% of purchase and 100% of rehab. 10-11% and 2-3 points.