Best Money Period

Loans Available

Fix and Flip Program

Loan Terms 9.9%, No Pre-Payment Penalty, 12 Month Terms, 2 -1/2 Points

Features

90% LTC Available to Qualifying Investors with Rehab Financing Up to 100%
New/First - Time Investors Eligible for Financing (LLC's are Permitted)
NO DTI Requirements
Loan Amounts up to $5 Million
Quick Closings and Common Sense Underwriting

Loan Qualification

Number of completed flips:

0 to 1 flip 70% LTC, 100% rehab
2 flips 75% LTC, 100% rehab
3 flips 80% LTC,100% rehab
4 flips 85% LTC,100% rehab
5 flips 90% LTC, 100% rehab

Qualified Properties

Single Family Homes
Duplexs
Tri-Plexes
Townhouses
Condos

Loan Costs

Appraisal
Credit Check
Underwriting Fee
Loan Processing
Funding Fee
Plus usual and customary title and closing fees–provided on the HUD at closing by the Title Company

Document Requirements

Loan Application
Credit Card Authorization - Appraisal
Credit Card Authorization Credit Check
Copy of Drivers License

Buy and Hold Program

Roll your fix and flip into a Buy and Hold

Features

Cash Out Refinancing or Purchase
LTVs as high as 85% for purchases and Rate/Term Refinances
Loan Amounts up to $5,000,000
ARMS, 30- Year Fixed Rates and Interest Only Available
Debt Service Coverage Ration as low as 1.0 to Qualify

Loan Information

Rates at 6.99%+
Terms: 5/7/10/15/30 Year
5-10 Balloon, 15-30 Year Fixed
Stated Doc or Full Doc
20- 25% Down if No Rehab is needed
Purchase 70-75% ARV plus Closing Costs
Refinance into a buy and hold

Rates are subject to change