SFR PROGRAMS

Call for details on our new construction loan program for SFR and small apartment properties.

One Off Rehab Loans

  • Loan amounts from 250k to $2.5M
  • Term from 9 to 24 months
  • Points from 2
  • LTV lesser of up to 65% of ARV, 80% of cost (60% LTV, 75% LTC for apartment properties up to 30 units)
  • Rates from 12%
  • FICO minimum 620
  • Borrower can be individual or LLC

Rehab Lines of Credit

  • Loan amounts from $250k to $20M
  • Minimum ARV $80,000, Loan amount of $50,000 per property
  • Term of 9 to 12 months
  • Lesser of maximum 65% of ARV or 80% of cost
  • Rates from 10%
  • Minimum 620 FICO

Long Term Rental Portfolio Loans

  • Loan amounts from $250k to $25M
  • Minimum loan per property of $50k
  • Terms of 5, 10 or 30 years
  • Points from 2
  • LTV up to 75% with recourse, 60% for non-recourse
  • Minimum 620 FICO
  • Amortization is 30 years
  • No prepayment penalty on 30 year loan, step down prepay on shorter term loans.