 Renovation / Rehab Loan
Real Estate Renovation equates to profits.
These loans allow a real estate investor to purchase and rehab a property in distress with little to no money out of pocket.
These loans are used to acquire and improve the property, which may then be refinanced and retained as rental properties, or re-sold for a profit.
General Guidelines: (May vary by Property, call for details)
| Loan Amounts |
$75K - $500K (exceptions possible) |
| LTV |
Up to 70% of After Repair Value |
| Closing Cost & Fees |
Can be rolled into loan |
| Credit Requirement |
No FICO, but credit is reviewed |
| Income, Asset Etc |
Full Doc, Limited Doc & NO Doc |
| Loan Term |
6 Month & 9 Month term available |
| Payment Terms |
Interest Only Pymts, Balloon |
| Pre-Payment Penalty |
NONE |
| Vesting |
Individual or Entity |
| Lending areas |
Colorado |
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