Fix-Flip | Ground Up | Bridge | Rental | |
---|---|---|---|---|
Purchase LTC | Up to 90% | Up to 65% | Refi up to 85% | Up to 80% |
Construction LTC | Up to 100% | Up to 100% | - | - |
ARV | Up to 75% | Up to 70% | - | - |
Rates, with points | From 7.99% | From 7.49% | From 7.49% | - |
Rates, no points | From 8.75% | From 8.75% | From 8.75% | From 5.99% |
Loan size | 50k-5m | 300k-15m | 40k-15m+ | 50k-15m+ |
Property Type | SFR 1-4, MF 5+, M/U, COMM | SFR 1-4, MF 5+, M/U, COMM | SFR 1-4, MF 5+, M/U, COMM | SFR 1-4, MF 5+, M/U, COMM |
Closing Time | 5-30 days | 15-30 days | 5-12 days | 30 days |
Experience | Not required | Required | Not required | Not required |
Min FICO | Asset Based | 650 | Asset Based | 640 |
Term | Up to 18 months | Up to 24 months | Up to 12 months | 30 years |