We are direct hard money (not private) lenders. We lend on 1-4 unit residential properties only. No commercial.
- Purchase and rehab
- Free and clear that needs rehab
- Ground up contstruciton (spec home new builds)
- 600 mid credit or better
- We lend 85-90% of purchase and repairs, 65/70% ARV max
- Borrower will need money in every deal
- Rates from 9.99-12% and 2 points
- Brokers always protected
- 7 day closings
ReCasa Financial Group lends to real estate investors for the purpose of rehab. Our rehab loan offers 100% financing for the purchase, improvements and soft costs on 1-4 family non-owner occupied properties in Colorado (CO), Florida (FL), Illinois (IL), Indiana (IN), Kansas (KS), Maryland (MD), Missouri (MO), North Carolina (NC), New Jersey (NJ), New York (NY), Ohio (OH), Pennsylvania (PA), South Carolina (SC), Tennessee (TN), Texas (TX), and Virginia (VA). Our loan has a 9 month term, no prepayment penalty, and monthly interest only payments.
Please contact me if you are interested in learning more about our 100% financing.
We are a DIRECT Short-Term Lender. We loan on single family, 2-4 unit properties and 5+ multifamily properties in 30+ states.
Fix & Flip Program Single family to 4 unit: Lending up to 90% of purchase & rehab, or up to 70% LTV of the after repaired value (ARV), whichever is less. Min. Loan $50K, no Max Loan amount.
Fix & Hold Program Single family to 4 unit: Lending up to 90% of purchase & rehab, or up to 70% LTV of the after repaired value (ARV), whichever is less (exit strategy from loan would be refinancing into long-term loan) Min. Loan $50K, no Max Loan amount.
New Construction Single Family, Build & Sell (or Hold) Program: Lending 100% of the vertical build or up to 70% LTV of completed value, whichever is less, as long as property is free & clear. Borrower must cover soft costs and horizontals.
5+ Multifamily Program: Bridge financing for purchase, improvements, stabilization, occupancy boost. Exit strategy can be a flip of the property or refinancing into long-term debt once stabilized. Min. loan is $250K, no max loan amount. No max. on number of units. OK with low or no occupancy. OK with major rehab. Lending up to 80% of purchase & rehab (70-75% average), or 65% of the finished value, whichever is less. Borrower responsible for 3rd party fees, inspections and due diligence fees.
Fast closings, direct money source, most states serviced.
Hi, I am part of the direct agency lending group (Fannie/Freddie). We run the entire 360-process. From application, to inspections, to funding (company's funds), to servicing.
Feel free to reach out to hear more about our very competitive nationwide programs.
I like it! Us Brokers need to know who the real lenders are!