Residential Asset based to non-prime lending w/min of 500 Fico
Acquisition / Renovation
80% of purchase price & 80% of Scope of Work
Cash-Out Refinance (after renovated and rented)
70% of ARV
3 yr term
- 65% LTV on cash flowing properties (exceptions for great deals).
- 60% LTV on all non cash-flowing properties (raw land may be an exception).
- Min. loan amount $1.5 M, max. loan amount $10 M.
- Terms range from 3 months to 18 months with extension available.
- Can fund with-in a 7 to 14 day period.
- Purchases, refinances, construction, rehab, cash-out, etc
- Asset based
Fill out a Loan Summary Sheet. wwwProvidentMng.com
or email me OffMarketRealEstate@gmail.com