Our Lenders will consider and review Rehab Loan Requests for Properties located in the following States:

  • Maryland
  • Washington, DC
  • Virginia (Northern VA, Richmond, Henrico, Hanover, Chesterfield, Tidewater Areas)

Terms

  • Up to 60% LTV based on ARV
  • 12% to 16% Interest
  • 4 to 6 Points
  • 6-month balloon note (longer terms possible)
  • Repair money escrowed and released in draws
  • Experience is not required for approval

Loan Features:

  • NO minimum loan amount
  • Equity-based NOT credit driven
  • No pre-payment penalties
  • NO monthly mortgage payments
  • First trust – First lien position only
  •  No personal financial information is required
  • No employment verification
  • No minimum credit score requirement
  • Loan Approval within 48 Hours
  • Fast closings (usually within 10-14 days)

 

To Get Started Contact: morinelewis@gmail.com

 

 

 

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