Loan Programs & Pricing

After Repair Value Loan Criteria (Fix and Flip Bridge):

• Collateral: Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes: 5+ Unit Apartments; Mixed-Use Properties
• Loan Amount:
  • $50k – $2M for 1-4 Family, Condos, & Townhomes
  • $250k – $3M for Multi-Family (5+) /Mixed-Use
• Term: 12 months (6-Month Extension Available)
• LTV:
  • Purchase: Up to 90% of Purchase Price + 100% of Renovation Costs; Not to Exceed 75% of the ARV
  • Refinance: Up to 75% As-Is + 100% of Renovation Costs; Not to Exceed 70% of the ARV
  • Cash-Out: Up to 67.5% As-Is + 100% of Renovation Costs; Not to Exceed 62.5% of the ARV
• Rates: Starting at 15%
• Credit Score: 650 min

Buy-To-Rent Bridge Loan Criteria:

• Collateral: Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes: 5+ Unit Apartments; Mixed-Use Properties
• Term: 24 Months (12-Month Extension Available)
• Loan Amount:
  • $50k – $2M for 1-4 Family, Condos, &Townhomes
  • $250k – $3M for Multi-Family(5+)/Mixed-Use
• LTVs:
  • Purchase: The lesser of Up to 75% of the As-Is Value or Up to 75%Loan-to-Cost
  • Refinance: Up to 70% of the As-Is Value
  • Cash-Out: Up to 60% of the As-Is Value
• Rates: Starting at8 %
• FICO: 650 min

Long-Term Rental Loan Criteria (1-4 Family):

• Collateral: Non-owner Occupied 1-4 Family Residential Properties; Condos; Townhomes
• Term: 30Years
• Amortization Options: 30-Year Fixed; Hybrid ARMS (5/1, 7/1, 10/1); 10-YearInterest-Only
• Loan Amount:$50k-$2M
• LTV:
  • Purchase: Up to 80% of purchase price
  • Refinance: Up to 75% of the As Is Value
  • Cash-Out: Up to 75% of the As Is Value
• Rate: Starting at50%
• Credit Score: 650min
• Prepayment Penalty: 0-5 years, shorter prepay periods will have higher rates
• Minimum DSCR of 10

Long-Term Rental Loan Criteria (Multifamily / Mixed-Use 5+ Units):

• Collateral: Non-owner Occupied Multifamily / Mixed-Use
• Term: 30Years
• Amortization Options: Hybrid ARMS (5/1, 7/1, 10/1); 10-YearInterest-Only
• $250k minimum loan amount
• LTV:
  • Purchase: Up to 75% of purchase price
  • Refinance: Up to 75% of the As Is Value
  • Cash-Out: Up to 70% of the As Is Value
• Rate: Starting at50%
• Credit Score: 650 min