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(313) 306-3200

Investor Financing

Fix ‘n’ Flip Bridge Loans

  • Re-hab Bridge Loans – (General Terms)
  • 90% Financing – Acquisition Costs *
  • 100% Financing Improvements Cost
  • 12 Month Term
  • Total Loan amount must exceed $75K (Acquisition + Improvements)
  • Projected Home Value must have 75% LTV (Post Improvement)
  • Qualified Investors Only-(LLC or Corp)
  • Comm. Bank Acct 90 days old
  • $15K Min Balance at closing

* 75 – 85% if new investor, w/<4 Flips completed

30 Year Fixed Mortgages – Residential Rental Market

  • Refinance 4-8 vacation rentals in one loan with one monthly payment
  • 30 Year – No balloon
  • Purchase or Refinance Options available
  • Qualified Property: Residential & Vacation Rental
  • 1-4 Unit Single Family property
  • Investors Only, as Individual, LLC, Corp or Lmtd Prtnr
  • Range of Funds $75K – $1M+
  • Max LTV: 80%-Purchases and 75%-Refinances
  • FICO: Middle of 3
  • Leased or unleased-Must be Rent Ready
  • Customized prepayment penalty and buy-down options
  • Available 5 Yr interest only option