Loan Amount:

$100,000 to $2Mil

Loan Types:

Fix and Flip, Commercial Bridge, Construction

Property Types:

Non-owner occupied residential and commercial investment properties.

Locations:

Primarily the New England region and select national markets.

Loan Terms:

12 months initial loan term (No prepayment penalty)

Interest Rates:

9.0 - 12.0% (monthly interest only payments)

Loan To Value (LTV):

Up to 75% of the as complete or after repair value

Origination Fee (loan points):

2%

Closing Timing:

7-10 Business days

Lien Position:

1st lien only

Appraisal:

No appraisal requirement

NO Loan Review Fee…NO Application Fee…NO Processing Fee…NO Appraisal Fee…NO Underwriting Fee…NO Servicing Fee