New! After Repair Value (ARV) Fix and Flip Program

Real Estate Rehab LoansOur latest product for real estate investors offers financing for:

  • Up to 90% of the purchase price
  • Up to 90% of the rehab costs

Loan Criteria:

  • Collateral: 1-4 family Non Owner Occupied residential real estate
  • Term: 12 Months
  • Loan Amount: $75K to $2.5M
  • LTV: Up to 65% of the After Repair Value (ARV
  • Credit Score: 650 minimum

Experience: Prior rehabs

Lending Area: Nationwide (except AZ, SD, VT, ME, MN)

Line of Credit Program for Real Estate Investors

We have within our funding sources a Line of Credit (LOC) with a twist. Our LOC comes with an implicit preapproval for an 80% first mortgage on any property (non-owner occupied)the investor wants to buy.

The LOC is based on the equity on the property the borrower owns. For example: If the borrower gets a $200,000 LOC against properties he or she owns, then it is really worth $1,000,000 in purchasing power (assuming it’s not used for rehab or closing costs)

Here’s an example of how it works:

Borrower finds $100,000 house. Lender puts a 1st mortgage against the house for $80,000. The investor draws $20,000 from the LOC and pays the rehab and closing costs out-of-pocket. There’s still $180,000 left on the line of credit, so the investor can repeat this 9 more times until he or she has the $200,000 LOC maxed out and $800,000 in new mortgages – a $1,000,000 portfolio starting with just $200,000 in equity.

Note: Results may vary depending on how much, if any, is drawn against the line for rehab expenses and closing costs. This product is ideal for flipping real estate.


Rate:   1% a month on the balance

Term: 1 year

Prepayment Penalty: None

Points: 4-6

Note: 1st mortgage interest is also same as specs above.