100% FINANCING OF PURCHASE AND REHAB FUNDS-Up to 70% ARV
Best For: The 100% Premier bridge loan is perfect for the real estate investor looking to minimize cash needed at closing. Typical borrower has good/excellent credit, can verify assets and income but looking for a fast approval.
Term: 4, 8 or 12-month loan
Loan Amount: $50k – $2M
One-time $250 application fee
Property Type: Single Family, 1-4 Units, & 50/50 Mixed Use
Points: As low as 2.0%
All cost paid outside of settlement
DO YOU QUALIFY?
Cash: Enough liquid assets to cover closing costs & first 6 months of interest payments Credit: Highest middle score from all borrowers. Minimum 620 credit score Income: Documented income & free cash flow for making rehab loan payments
39 States: AL, CO, CT, DE, FL, GA, ID, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI (Limited), MN (Limited), MO, MS, MT, NC, NH, NJ, NM, NY, OH (Limited), OR (Limited), PA, RI, SC, TN, TX, UT (Limited), VA, WA, WI, WV