- Loan amounts up to $3,000,000 but will consider larger on a case by case basis.
- Loan to value of 65%-70% or below on residential Fix & Flip, less preferred (We will consider cross collateralization)
- Loan term of 1 year to 2 years
- Information that you have experience and/or are using an experienced team to complete the project
- Financial information showing that you have the funds to maintain your monthly interest payments
- Presentation of a clear exit strategy, ie. Fix & Flip or Fix & Hold
- For Fix & Hold borrower’s credit in line with approval standards for traditional refinancing will need to be presented
- An Appraisal completed by an independent appraisal company (Ordered by our Office)