Seeking Funding for a Harrisburg PA Fix & Flip - Real Estate Finance2024-03-29T11:27:22Zhttps://realestatefinance.ning.com/forum/topics/seeking-funding-for-a-harrisburg-pa-fix-flip?feed=yes&xn_auth=no100% Rehab Bridge Loan Progra…tag:realestatefinance.ning.com,2013-12-03:6517464:Comment:1366332013-12-03T15:16:05.970Zrobhttps://realestatefinance.ning.com/profile/rob
<p>100% Rehab Bridge Loan Program Highlights <a href="http://www.ecapitalfund.com" target="_blank">www.ecapitalfund.com</a> <br></br> <br></br> Funding Terms: 1-4 family non-owner occupied $50,000 -$500,000<br></br> Unsubscribe by email<br></br> <br></br> 100% for purchase, improvements & soft costs - Up to 70% ARV<br></br> Interest rate Prime plus 6.25%. Minimum interest rate is 9.5%<br></br> Monthly Interest Only Repay<br></br> Principal due at…</p>
<p>100% Rehab Bridge Loan Program Highlights <a href="http://www.ecapitalfund.com" target="_blank">www.ecapitalfund.com</a> <br/> <br/> Funding Terms: 1-4 family non-owner occupied $50,000 -$500,000<br/> Unsubscribe by email<br/> <br/> 100% for purchase, improvements & soft costs - Up to 70% ARV<br/> Interest rate Prime plus 6.25%. Minimum interest rate is 9.5%<br/> Monthly Interest Only Repay<br/> Principal due at maturity<br/> No prepayment penalty<br/> Loan Period 9 Months<br/> Origination Points 3<br/> Loan Commitment Fee 5% - Rolled out of the loan<br/> Credit History - A minimum middle credit score of 680 for all applicants.<br/> <br/> Lender Doc Fee up to $450.00 for each project<br/> <br/> <br/> <br/> The appraisal will be ordered by Lender.<br/> <br/> <br/> <br/> The cost of the appraisal is the financial responsibility of the borrower.<br/> <br/> <br/> <br/> Prior to Closing; Title Insurance, Builder's Risk Insurance and Survey<br/> are required.<br/> <br/> <br/> <br/> Repayment - Monthly interest-only payments.<br/> <br/> <br/> <br/> You will receive a decision in 2-3 business days upon submission of a<br/> complete rehab loan package.<br/> <br/> <br/> <br/> Funding available fo the following states:<br/> Ohio, Pennsylvania Tennessee, Kansas, Missouri, Indiana, Illinois,<br/> North Carolina, South Carolina, New York & New Jersey</p>
<p><a href="http://www.ecapitalfund.com" target="_blank">www.ecapitalfund.com</a></p>
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