1-Year, Plus Extension Options
Interest Paid Only on Drawn Funds
Inspections Within 24 Hours and Funds Wired Same Day
$50,000 to $5 Million
Special Purpose Entity Structure
Brokers Welcome and Protected
New Jersey, New York, Connecticut, Pennsylvania, Tennessee, South Carolina, Florida, and Alabama with other geographic locations considered. Massachusetts coming soon.
Prepayment Accepted Anytime
Loan to Purchase: 90%
Construction Financing: 100%
Loan to After Repair Value: 70%
Origination Fee: 1% – 4%
Interest Rate: As Low As 8.99%
Elite Plus: Well qualified borrowers may get 5% of the purchase price advanced as a construction draw at closing.
* For credit scores below 650, multiple compensating factors exist