Updated about 8 years ago on .
Sight-Unseen Foreclosure/Auction Financing!
Our Foreclosure Sale Financing program offers financing for properties even if we cannot get interior access prior to funding. Good for auctions and sheriff's sales.
Max LTV is 65% of purchase price and we give a first rehab draw on the settlement statement dependent on your experience (5-15% of purchase). If you can gain interior access for the appraiser, we go up to 85%.
Financing for purchase: MD, NC, NY, VA, NJ
Refinancing right after purchase: CO, CT, DC, FL, GA, IL, LA, MA, MI, NJ, OH, PA, TX, WA
Rates: 10-12%
Points 2-3%
Term: 6-24 months.
Offering