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Updated almost 6 years ago on .

User Stats

317
Posts
56
Votes
Michael Corso
  • Lender
  • Wildwood Crest, NJ
56
Votes |
317
Posts

*******FIX & FLIP REAL ESTATE LOANS*******

Michael Corso
  • Lender
  • Wildwood Crest, NJ
Posted

Our rehab loan product provides 100% financing for 1-4 non-owner occupied real estate properties. Credit problems understood. If you are new to real estate this is the best plan out there.

  • Loan Amount: Up to $2,000,000 (larger amounts case by case)
  • Leverage: Up to 100% of purchase price and 100% of rehab
  • Points: 2-4 points
  • Interest Rate 6.25 plus prime
  • Term: 9-12 months
  • LTV: Up to 70%-75% ARV
  • Recourse: Yes
  • Pre-Payment Penalty: None
  • Must pay closing / commitment fee costs (roughly 3-5% of loan)
  • Credit must be middle score 680 or better
  • Must own Primary Residence Home

IB me your Name, Phone, Email and Fico for free application

Offering