Fix and Flip Loans Direct Lender

[Kevin Dureiko]

Fix and Flip funding 90/100

Purchase and Rehab (12 months) Guidelines & Pricing:

Loan Amount: $75k-$3M

LTV of Purchase price: up to 85% for new investors 650 FICO MIN or 90% LTV for experienced investors (3+ properties held or purchased within 36 months 680 FICO MIN)

LTC of Rehab amount: 100%

Max Loan to ARV: up to 75%

Minimum As-Is Appraised Value: $100k

Collateral: Non-owner Occupied 1-4 Family Residential Properties; Warrantable Condos; Townhomes; Planned Unit Developments (PUDs)

Term: 12 months

Rate: Starting at 8.99%

Points: Vary based on loan amount

Credit Score: 650 Minimum

No pre-payment penalty

Can refi to 30 year term for buy and holds

- States: Available in AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, PA, RI, SC, TN, TX, VA, WA, WV, WI, WY

Kevin Dureiko

860-990-3030

[email protected]

Monday-Friday 8am to 4pm EST