Commercial Lender
Loan Fact Sheet:
These bankers will finance 100% of the purchase, cost of improvements and soft costs; lending up to 70%-75% of the completed value of the project.
Rehab Loan Program Guidelines:
- Rehab Loan Term: 9 Months
- Interest Rate: Prime Plus 5.0%
- Commitment Fee 4%-5%of loan amount
- Loan Origination Fee
- Documentation Fee $400.00 per loan
- Interest-Only Payments (No Prepayment Penalty)
Borrower and Property Guidelines:
- Individual, LLC, S-Corp, C-Corp, or Trust
- 680 Minimum Credit Score
- Property Subject to PreFunding Inspection
- Additional Collateral (Credit Enhancement - Primary Residence)
Application & Checklist:
Click Here For Investment Calculator
------------------------------------------------------------------------------------------------
Jesse Byrer
773-661-2462
773-904-7606 eFax
