PRIVATE LOAN PROGRAM
FIX AND FLIP
Funds For Purchase + Rehab, Refinance or Refinance and Cash out Programs Available with Low Down Payment
- Loans up to $2,000,000
- Interest Rate: 12%
- 30 % down payment (65% Loan to Value for Refinances)
- Origination Points: 5.5%
- 48 hours closings
- Instant Proof of Funds Letter
- No Pre-Payment Penalties (PPP)
- Minimum Loan Amount $100,000
- No credit needed
- Type Of Property: Residential, Commercial, Condos, Townhouses, Multi Family.
- Interest Only Payments
- No backwound checks
Documentation and requirements
- Photo ID
- Must have a company open to close title, it can be a new company
- EIN Letter
- Operating Agreement or Bylaws
- Two months bank statements (Proof of available funds to close)
- Purchase contract, assignments