We lend in California, Nevada, Texas and Arizona. I've highlighted the key terms below. If interested, all we'll need is a Loan Application with Borrower's Authorization allowing for credit check.
9.99% ~ 12% Interest
Up to 65% ARV (Up to 80% LTC + ALL Rehab Costs)
2-4 Points
6-24 Month Term
Funding Within 3 Days
No Appraisal Required
$50K-$5MM Loan Amounts
Same Day Approval
No Prepayment Penalty
No Upfront/Junk Fees
Non-Consumer Loans Only (NOO)
1st Position Loans Only
To start the loan approval process, please begin by forwarding the following information:
Step 1
Property Address
Purchase Price
Rehab Estimate
ARV
Property Pictures
In return I can provide the quote/LOI usually within 1 hour. For any approved and accepted loan, we will need borrower's following info:
Step 2
Scope of Work with Budget and/or Contractor's Estimate
From there, my TC will contact Escrow and begin the process of drawing up loan docs. You will be copied on the emails. This entire process generally takes about 2-3 days.
Thanks again and I look forward to working with you.