REHAB PLUS+

👉 KEY PROGRAM HIGHLIGHTS:

Ideal for Real Estate Investors looking for an easier way to finance rental properties, without the hard money interest rates and terms.

Investment Homes Only - Owner cannot occupy any part of the property

🚀 Fast Turn-around time: Average closing timeframe is 3-6 weeks.

🔥 MINIMUM FICO to Qualify: 650

1️⃣  LEVEL 1 INVESTOR *:

Maximum ARV: 75% LTARV

Max LTC: 90%

Initial Disbursement:  85%

Max SOI: $500,000

2️⃣  LEVEL 2 INVESTOR *:

Maximum ARV: 75% LTARV

Max LTC: 85%

Initial Disbursement:  80%

Max SOI: $250,000

3️⃣ LEVEL 3 INVESTOR *:

Maximum ARV: 70% LTARV

Max LTC: 80%

Initial Disbursement: 75%

Max SOI: $100,000

LOAN TERM: 1-year interest only. 6 month extension available with a 1% fee.

MINIMUM LOAN AMOUNT: $100,000

MAXIMUM LOAN AMOUNT: $2 Million (up to 75% LTC and 80% As-is Value)

Refinance: Mid-rehab refinance loan requests require current plans and permits.

Additions: Max 500 additional SF permitted.

Improvements: Schedule of improvements required. (Inspection fees per draw apply.) If applicable, GC resume and license required.

No Tax Returns or Personal Income needed to qualify

✅ No Prepayment Penalties

ELIGIBLE PROPERTIES:  Residential 1 Unit | 2-4 Unit

🚫 Rural properties ineligible

Appraisal - for residential properties, a standard residential appraisal report with Market Rental Analysis.

Foreign National Investors Eligible with proof of US Bank Account.

🔑 *  INVESTOR EXPERIENCE LEVELS:

Level 1: 5 rehabs in the last 2 years with exits.

Level 2: 2 rehabs in the last 2 years with exits.

Level 3: 1 rehab in the last 2 years with exit or 1 rental property owned.