| 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. BPO – 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 |
Our Programs below will be based upon the Integrity & Credibility of the BorrowerLoan Amount: Up to 1.25Million
Term: 12 Months Initial Term
Interest Only: 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