Weโre excited to announce the successful closure of a new property at 65 Suburban Pkwy, Warwick, RI 02889!
Purchase Price: $136,000
Rehab: $60,000
After Repair Value (ARV): $270,000
Loan To Value (LTV): 75.00%
Term: 12 months
With our exclusive loan program, we offer:
- Flat 9.75% Interest Rate
- 100% coverage of the transaction: including Purchase Price, Rehab, and Closing Costs (not to exceed 70% LTV)
- Lower Origination Fees: 1 pt (No Rehab, No Cash-Out), 2 pts (Rehab, Cash-Out)
- Max LTV of 75% with a general appraisal
APPLY TODAY TO GET BETTER RATES!
We created this exclusive program for investors with a proven track record of acquiring amazing deals and wanting better rates on their loans. To qualify, you must have completed:
- 4 paid-off loans with our lender within the past 24 months, OR
- 8 completed loans with other lenders within the past 24 months (proof with HUD statements).
Program Highlights:
- $997 Program Enrollment Fee
- Underwriting: Once a year (saving time and effort)
- Credit Check: Every 6 months
- Income Verification: Every 6 months
- Property Criteria: Non-Owner-Occupied, Residential 1-4 units, and more.
For experienced investors only, who have:
- Completed 4 properties through our lender within 24 months (sold or refinanced to exit the loans), OR
- Completed 8 properties with other lenders within 24 months (sold or refinanced to exit the loans).
Send us a message or comment if you're interested to get your deals funded.