Loan Purpose: Acquisition, Rehab, Refinance, Cash-Out Refinance
Term: 2 years
Interest Only: Yes
Interest Rate: As low as 4.5%
Interest Rate on Undrawn Rehab Funds: 0%
Prepayment Penalty: None
Rehab Funds: Yes
Loan Limits: $250,000 – $7.5MM
Loan-to-Cost (Purchase): 80%
Loan-to-ARV (Refinance): 70%
Cash-Out Refi: Available (55% LTV Cap)
Non-Recourse Available: Yes
Foreign National Borrower: Yes, financing