Hard Money Loan Programs
Stated Income Loan Program
- Loan amounts from: $150,000 – $2,000,000
- Credit Score: NOT lower than 600
- Interest Rate: 7.9%
- Term: 3 year fixed rate – after 3rd year, the rate will adjust to 4% over U.S. Prime Rate
- Fully amortized over 30 Years
- Docs Needed: Signed Application, Credit Report and Appraisal
- No upfront fees
- You only pay 3rd party costs at acceptance
Rehab Loan Program
- Loan Amount: $50K – $50M
- 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 – 14 Business days
- Loan Types: Single Family, Multi-family, Bridge Loans, Real Estate Acquisition (residential and commercial properties) Short Sales, Construction Loans, REO’s and Bank Foreclosed Residential Properties
- Lending Area: Nationwide
- Brokers: Split Points
Required Documents For Pre-Approval:
- 4506 Tax Return Form
- Past 2 Months of Bank Statements
- Purchase & Sales Agreement
- Application
- Borrowers Authorization Form
- Appraisal Nation Payment Authorization Form
- List of tentative rehab work needed with cost breakdown
Call us now with your loan scenarios
800-922-5300 10AM – 8PM Pacific Time Toll Free FAX 866-798-2FAX (2329