NO Credit, NO Income Hard Money Loans - NOW UP TO $300K!


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6 mo. I/O
Loan Purpose: Flip Only
Term: 6 months
Amortization: Interest Only
Tier 1 Rate, Points*: 11%, 4.5 points
Tier 2 Rate, Points: 11%, 6.5 points
Tier 3 Rate, Points: 15%, 7.5 points
Closing Fee: $995 - $1995*
LTV: Purchase - 65%, Refi - 50%
Min. Property Value: Purchase - $35.4K, Refi - $46K
Property Condition: C1-C5
Prepayment Penalty: No
 
5 Yr. Full Am.
Loan Purpose: Flip or Rent
Term: 60 months
Amortization: 5 yrs.
Tier 1 Rate, Points*: 18%, 4.5 points
Tier 2 Rate, Points: 18%, 4.5 points
Tier 3 Rate, Points: 18%, 4.5 points
Closing Fee: $1000
LTV: Purchase - 65%, Refi - 50%
Min. Property Value: Purchase - $35.4K, Refi - $46K
Property Condition: C1-C4
Prepayment Penalty: No
 
10 Due-in-3
Loan Purpose: Flip or Rent
Term: 36 months
Amortization: 10 yrs.
Tier 1 Rate, Points*: 14%, 5.5 points
Tier 2 Rate, Points: 15%, 6.5 points
Tier 3 Rate, Points: 18%, 7.5 points
Closing Fee: $1000
LTV: Purchase - 65%, Refi - 50%
Min. Property Value: Purchase - $35.4K, Refi - $46K
Property Condition: C1-C4
Prepayment Penalty: No
 
30 Due-in-3
Loan Purpose: Rent
Term: 36 months
Amortization: 30 yrs.
Tier 1 Rate, Points*: 14%, 5.5 points
Tier 2 Rate, Points: 15%, 6.5 points
Tier 3 Rate, Points: 18%, 7.5 points
Closing Fee: $1250
LTV: Purchase - 65%, Refi - 50%
Min. Property Value: $80K
Property Condition: C1-C4
Prepayment Penalty: Yes
 
*Interest rates and points based on credit score: Tier 1 - 700 or higher, Tier 2 - 600-699, Tier 3 - 619 or lower. Closing fee on 6-month loan dependent upon loan amount.

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