Loan Guidelines

Property Types

  • Single Family Residence (attached/detached)
  • Condominiums/Townhomes/Rowhouses
  • 2-4 Unit Property (duplex, triplex, etc.)
  • Apartment Buildings (up to 30 units)

Loan Terms

  • Loan Amounts: $50,000 to $3,000,000
  • Points: as low as 2.0%
  • Interest Rate: as low as 9.0%
  • Interest Accrued on Drawn Balance
  • Loan to Value: up to 75%
  • Loan to Cost: up to 85%
  • Term: 6 - 9 months
  • Extensions: 3 months built in for 1% (if needed)
  • No appraisal needed to close