Lowest
Rate
Option
- Up to 70% of purchase price
- Starting from 8% interest rate / 6 months
- 2-3 points
- OR
- Starting from 9% / 12 months
- 2-3 points
This option gives you the lowest monthly payment.
Maximum
Loan
Option
- Up to 100% of purchase price
- Starting at 10% interest rate / 6 months
- 2-3 points
This option lets you keep more cash in your pocket.
Wholesale
Transaction
Financing
- Payoff your loan within 30 days or less
- Get a 1 point refund
- Refund of servicing fee
CASH OUT
Refinance
- Up to 65% of current value
- Starting at 8% interest rate / 6 months
- 2-3 points
- OR
- Starting at 9% interest rate / 12 months
- 2-3 points
FEES
- $850 Processing Fee
- $450 First Trust Deed Servicing
- 1 full appraisal at cost for loans over $700,000
- No prepayment penalty
PROPERTY TYPES
- 1 to 4 Unit Residential
- Condominiums
OPTIONS
- 6 month extension starting at 1-2 points
TERMS
- Options available for 6 or 12 months
- Loan amounts up to $10 Million
GEOGRAPHY
- Arizona, California, Colorado, Illinois, Michigan, Oregon, Texas, and Utah
LOAN TIMELINE
1Obtain Quote
(1 Business Day)
(1 Business Day)
1Obtain Quote
(1 Business Day)
(1 Business Day)
- Borrower requests quote via website. Borrower must provide purchase price, ARV, and rehab amounts.
- Borrower receives automatic loan options via website.
2Loan Approval
(7 Days)
(7 Days)
2Loan Approval
(7 Days)
(7 Days)
- Borrower completes and submits loan app online. Appraisal is ordered and file is sent to underwriting.
- Underwriter reviews app to verify ARV and rehab, as well as the quality of the borrower and the deal.
3Loan Closing
3Loan Closing
- Loan committee approves and loan docs are sent to escrow within 24 hours.
- Once pre-funding conditions are met, loan is funded. A 24 hour notice from escrow/title is required prior to funding.