100% Financing Hard Money Financing
We now offer 100% hard money financing for rehab loans, construction loans, fix and flip real estate acquisitions. Real estate investors can now get 100% financing private loans to get that property ready to rent or sell.
- Commercial real estate
- Residential real estate
- Owner occupied ( California only)
- Multi family
- Single family
- Mixed use
Documentation | Qualifiers| Due Diligence
Residential 1 – 4 single family investor properties. Larger residential/commercial properties considered on a case by case assessment. First mortgages only, 6 months with monthly extensions up to 1 year. Up to 100% of the total project costs, subject to 65% of the ARV. Reserve account applies. Rehab loans are usually advanced in 1-3 draws, and sent directly to your bank account. Rehab portions of the loans normally not to exceed 100% of acquisition costs, unless they are approved. Up to $1200 of closing costs (example: title insurance, recording costs, etc.) can be funded as part of the loan amount proceed. Personal guarantee required.
- Purchase Agreement Summary of Rehab Work to be Completed After-Repair-Value Appraisal (our due diligence)
- Title policy, pictures of rehab property, Home inspection, 3 months of bank statements
- 2 years minimum of IRS tax returns
- 3 Most Recent Check Pay-stubs
- Signed 4506-T
Once an investor has been approved, funding of subsequent transactions is quick. It is not necessary to re-apply for repeat transactions.