Introducing our fix & Flip

ARV = After-Repair-Value | LTC = Loan-To-Cost | LTV = Loan-To-Value

NOTES

Experience must be with like properties and/or comparable 3+ SFR 1-4 units
Minimum loan amount = $250K / Minimum Per-Door = $35K
Maximum loan amount: $10 million
3 Experience: 15-Unit cap; Rehab Budget Amount cannot exceed 50% of As-is-Value
90% cap on LTC (including percentage additions)
80% cap on ARV (including percentage additions)
85% cap on LTV (including percentage additions)
Foreign National (no SSN, no ITIN) = -10% on LTV, ARV, and LTC
Refinances for "Mid-Swing" (incomplete) projects require -5% on LTV, ARV, LTC and are subject to management discretion
10+ Experience: 85% Max LTV up to $1 million; 80% LTV above $1 million (including percentage additions)
Any exceptions subject to management discretion

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