Hard Money Loans

You have 2 options to choose from

(1 of 2) Stated Loan Program

  • Loan amounts from: $150,000 – $2,000,000
  • Credit: NO lower than 650
  • Rate: 7.9%
  • Term: 3 year fixed- after 3rd year, the rate will adjust to 4 over U.S. Prime
  • Fully amortized over 30 Years
  • Need: Signed Application, Credit Report and appraisal to close
  • No upfront fees
  • You only pay 3rd party costs at acceptance

(2 of 2) Lending Criteria

  • Loan Amount: $50K-$2M
  • LTV: Up to 80% of the as-is value or the purchase price, whichever is lower
  • Rates: 12%
  • Points: 2%-6%
  • Collateral: Non-Owner Occupied Real Estate Only
  • Closing: 10 Business days
  • Loan Type: Single Family, Multi-family, Bridge Loans, Real Estate Acquisition, Short

Sales, Construction Loans, REOs, and Bank-Foreclosed Residential Properties

  • Lending Area: Nationwide
  • Brokers: Split Points

Required Documents For Pre-Approval:

  • 4506 Tax Return Form (Attached)
  • Past 2 Months of Bank Statements
  • Purchase & Sales Agreement
  • Application (Attached)
  • Borrowers Authorization Form (Attached)
  • Appraisal Nation Payment Authorization Form (Attached)
  • List of tentative rehab work needed/cost breakdown

 

Call us now with your loan scenarios!!! 

Phone: 866-515-6854