Lending CriteriaDescription
Purpose:
  • Acquisition
  • Refinance / Cash-Out
  • Rehab / Tenant Improvements
Property Type:
  • Single Family (Non-Owner)
  • Multifamily / Commercial
  • Light Industrial
  • Special Purpose
Max Loan-to-Value:
  • Purchase: 75% LTV (ARV) / 85% LTC
  • Refinance: 75% LTV (ARV) / 85% LTC
  • Cash-Out / Rehab – Same
Borrower Types:
  • Individuals
  • Corporations
  • Foreign nationals
  • Non-Permanent Resident Aliens
Minimum Credit Scores:
  • 650
Prepayment Penalty:
  • Soft Prepay
Financed Properties:
  • Unlimited
Recourse:
  • Yes
Broker Fee:
  • 1 point
Terms:
  • 24 Months
Loan Amounts:
  • $1,000,000 – $8,000,000
Closing Timeframes:
  • 45-60 days
Repayment:
  • Interest Only
Collateral:
  • 1st Trust Deed
Other Costs:
  • All 3rd Party Fees