Short-term financing to buy and renovate properties from single family up to 150 units.
We support experienced and new investors with competitive terms and pricing.
Property
- Single-family, townhomes, warrantable condos, 2-4 unit, and 5-10 unit
- Loans restricted to investment properties; cannot be owner-occupied
- Rural properties not allowed
Loan Features*
- 6, 12 or 18-month term
- $100,000 to $1.5 million loan amount
- Up to 90% loan to cost; 100% financing of renovation
- No interest on undrawn funds
Borrower
- 680 minimum FICO; no recent foreclosures or bankruptcies
- Entities only; a personal guarantee is usually required
- Foreign nationals allowed at reduced LTV
- Pricing based on borrower experience
- No employment or income verification
Draws and Closing
- Close in as little as 5 days
- Materials, labor, demolition, and customary soft costs reimbursable
- Virtual inspection
- 1-3 business days from inspection to draw funding
*This is not an offer to extend credit. Loan terms, interest rate, origination points, and fees are based on loan to value, rental cash flow, credit history, and other factors. Additional criteria may apply, and all details are subject to change without notice.