Our short term programs provides capital to investors looking to purchase and renovate or simply acquire or refinance residential properties (SFRs, 2-4 unit properties, condos, and PUDs). Prior experience in similar fix and flip projects is preferred but new borrowers with strong credit are accepted case-by-case. A similar program is also available for multifamily and mixed use properties.

• Loan Amount: $100,000 - $50,000,000+

• Loan-to-Cost: Up to 90%

• Loan-to-Value (After-Repair Value): Up to 75%

• Renovation Financing: Up to 100%

• Loan Rate: Starting at 8.99%

• Rate Type: Fixed rate, interest only

• Interest Payments: Monthly, reserves can be built in

• Property Type: SFR, 2-4 Units, Condos, PUDs, Multifamily, Mixed-Use

• Loan Type: Purchase or refinance

• Loan Term: 12-36 months

• Closing Time: Within 10 days from full file receipt

• Extension Term: Up to 12 months

• Borrower: Business entity only

• Credit Score: At least 640

• Eligible States: Nationwide excluding AZ, ND, NV, RI, SD, VT