INTEREST RATES AND TERMS

Property Types: investment properties, including non-owner occupied, single-family houses and multi-family units

Location: most states, primarily focused on Colorado, Maryland, Virginia, Washington DC.

Loan Size: $25,000 – $1,500,000

Loan-to-Value (LTV): Up to 70% ARV

Down payment: 100% financing available if project meets certain underwriting criteria. Borrower can receive better terms with a larger downpayment

Lien Position: 1st position

Loan Type: rehab & flip, investment rental acquisition, bridge financing, and transactional

Borrower Type: business to business loans on non-owner occupied properties

Borrower Credit: no minimum credit score; prior foreclosures and bankruptcies considered; loans based on asset value, borrower’s experience and ability to repay

Loan Term: 1 day to 12 months, longer terms available on a case by case basis

Interest Rates: 7.95%-15.95% based on borrower/deal qualifications

Loan Points: 1-5 based on borrower/deal qualifications

Repeat Borrower Discount: available

Prepayment: no prepayment penalty

Recourse: borrower must personally guarantee the loan

Repayment terms: interest only monthly payments, with principal due at loan maturity

Construction draws: released to borrower upon successful work completion, requires on-site inspection

Call today to get your Custom Rate Quote- 1.844.YES.ALOHA