Residential Purchase And Rehab Loans
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1. This is for the investor who wants to purchase and renovate investment properties.
2. If you have a JV partner they have to be a Guarantor on all docs.
3. The JV partner has to provide the same docs needed to pre-qualify.
Term –13 Months
Loan to ARV–65%
Down Payments 20%
Loan Amount $50,000 to $4.5 Million
Origination Fee 3.5% to 4% Due at closing
Interest Rate 12% to 13%
- 233 Broadway New York, 10017 New York City New York
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