Fix & Flip

Our Programs below will be based upon the Integrity & Credibility of the Borrower

Loan Amount: Up to 1.25 Million

Term: 12 Months Initial Term

Interest Only Starting at : 8.99%

Property: Non Owner Occupied 1-4 family

Loan To Value: 90% LTV Purchase

Rehab Funds: 100%

Max After Repair Value: 75% ARV

No Pre-Payment Penalty

Nationwide:  Office Locations

LIEN POSITION: First Mortgage Only
STANDARD TERM: 12 Months
POINTS: Paid at Closing
CLOSING COSTS: Paid at Closing
REQUIRED DOCUMENTS 1. FRL Loan Application
2. FRL Credit Authorization
3. Construction Cost Sheet
4. Appraisal – Credit Card Authorization
5. Copy of valid Soc. Sec. Card & Driver’s License
6. Bank Statements: Most recent 2 months supporting Cash Reserves, Down Payment, & Closing Fee’s.
7. LLC or Partnership: Proof of Publication, Articles of Organization, Operating Agreement, Member Resolution & Percentage of Ownership
8. 1 year proof of Home Owners Insurance
CLOSING Quick and Efficiently