Fix & Flip / Buy & Hold
The terms are simple and straight forward; this short list of items is all you need to fund your loan!
- No 4506 Stated income 80% LTV for metropolitan areas in California.
- No minimum FICO score required (0.5 add to rate if less than 640 FICO).
- No limit of number of real estate properties owned.
- SFR, 1-4 Units & 5+ Apartment Buildings.
- Down payment can be 100% gift.
- Purchase, Refinance Cash-Out & Rehab to 90% CLTV.
- Business funds are eligible for asset qualification & down payment.
- Loans made to individuals, businesses, trusts & foreign nationals.
- Both W2 and self-employed borrowers are eligible.
- Correspondent Lender’s license to lend in CA, AZ, CO, HI, ID, FL, OR, TX & WA.
- (1% add to rate for loans outside of CA) – All programs and rates are subject to change at any time.