• 48 hours closing possibleTerms and fees
  • Loan terms are 6-9 months depending on borrower and project
  • Interest rate ranges from 13%-14%
  • 2-3 points/loan origination fee
  • Interest payments will be due monthly
  • No prepayment penalty for paying off loan early
  • 90 day extension at lenders discretion
  • All closing costs and points are due from borrower at closing
  • Loan fees may be financed if loan below max LTV and/or lender approval
  • Maximum LTV up to 75% of ARV
  • Appraisal fee – $200
  • Loan fee – $250
  • Documents fee – $300
  • Loans are made on (ARV) after repaired value
  • Loans available from 20k-400k

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