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Posted: Wednesday, March 7, 2018 8:23 AM


Quick Closings and NO pre-payment penalties

PROPERTY TYPE: Residential non-owner occupied 1 - 4 family residential investment properties located the Continental US.

LIEN POSITION: First mortgages only. Minimum Loan Amount 75k.


REHAB FUNDS: We lend 80-100% of the purchase price and 100% of the rehab funds, up to 65=75% of the After Repair Value. LTV variation depends on file and location.

RELEASE OF REHAB FUNDS: Rehab funds are usually paid in one to four draws after verification of repairs, and mailed to you or wired directly to your account.

CLOSING COSTS: Paid at closing.

GUARANTY: Personal guaranty required.

(i)Completed Lender loan application & supporting documents, including, but not limited to:
(ii) Two years of federal tax returns (both personal & business)
(iii) Three months most recent consecutive bank statements (both personal & business)
(iv) Current statements showing bank accounts & other assets
(v) Company Disclosures
(vi) Rehab estimate of work to be done and draw schedule

(i)Purchase Agreement
(ii)Liability and Property Insurance prepaid for term of loan
(iii)Inspection Report verifying work to be done and cost (obtained by Lender)
(iv)"As-Is" and "After-Repair" value Appraisal (obtained by Lender)
(v) Clean Title

Once a borrower has been approved, closings can be held within a few days of receipt of appraisal and inspection reports along with proof of payment.

***In addition, we offer many other programs to fit almost any project/scenario, such as Cash Out to 75% LTV, No Seasoning and No tax returns/income verification. We offer Commercial and mixed use funding from 150k to 40 MM, and 100% funding of projects with cross collateralization.

Email now for more details and/or how to get a property and project approved!

• Location: Central Jersey

• Post ID: 33269112 centraljersey is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2018