INVESTOR REHAB MORTGAGES – FIX AND FLIP LOANS
Investor Rehab Mortgages
Our streamlined rehab mortgages program will allow you to purchase or refinance your investment property with no income verification, no minimum credit score, and no appraisal. We know timing is everything when it comes to rehabbing a property, which is why we streamlined the process for you to get to closing faster.
Loan Amounts: $100,000 and up (Minimum Property value $250,000)
Rates: From 11.00%
Purpose: Purchase, Refinance & Renovations
Terms: 2-year Interest Only
Leverage: Up to 65% of purchase price and 100% of the rehab costs
Points: Usually 3-4 Points on Average
Credit Score:Â 620 Minimum Required, exceptions made