LOANN OPTIONS AND TERMS OF APPROVAL

Our terms are simple and straight forward.

    PERSONAL LOAN:

    • 5% annual interest rate.
    • Approval in less than 72 hours.
    • Cloose in 3-7 working days).
    • There is no credit score required.
    • Loan from 20,000.00-500,0000.00.
    • No recent bankruptcies.
    • There are no repayment penalties.

STORAGE FACILITIES/HOME PACK LOANS:

  • 5% interest rate annually (principal and interest payments).
  • 2 points loan origination/
  • Up to 90% LTV (10% down Required).
  • Loan to Value - Up to 85% LTV.
  • Loan amount from 100,000.00-5000,0000.00.
  • 600 minimum credit score required.
  • Up to 30 years fixed repayment period.
  • First/second lien options.
  • Appraisal & Inspections must be ordered by thhe borrower

BUISINESS LOAN/LINE OF CREDIT:

  • 6% interest rate annually (interest only payments).
  • 48 hours pre-approval after application.
  • 1-10 years repayment period.
  • 2 points to establish and maintain L.O.C.
  • Loan amount from 50,000.00-200,0000.00.
  • Closing within 5-14 woorking days.
  • Fico score of 600 or higher with 2 months bank statement for swift approvall.

RENTAL/MULTI-FAMILY LOANS:

  • 5.5% interest rate annually (principal and interest payments).
  • Up to 90% LTC on purchase price.
  • Less than 72 hours pre-approval after application.
  • Closing within 7-21 days from date of application.
  • Maximum repayment period of 30 years (Amortization) .
  • Loan ranges from 100,000.00-150,0000.00.
  • First/second lien options only.
  • 600 minimum credit score.
  • Appraisal and insspectionns must be ordered by the applicant(s)

CONSTRUCTION/NEW CONSTRUCTION LOANS:

  • 6% interest rate annually (interest only payments).
  • 1-3 years repayment period (with extention provision).
  • Up to 85% LTC on the estimated cost of a completed project.
  • There are no repayment penalties.
  • Loan ranges from $100,000.00-$200,0000.00.
  • First/second lien options only.
  • 650 minimum credit score.
  • 15% down-payment required for presentation at closing.
  • No recent bankruptcies/forecloosures.
  • Appraisal for completed past projects are required at closing for appplications above $5,000,000.00

FIX AND FLIP LOANS:

  • 6.5% interest rate annually (interest only payments).
  • 6-36 Months repayment period.
  • Up to 90% LTC on purchase price wiith 100% rehab funding .
  • There are no repayment penalties.
  • Loan ranges from $50,000.00-$100,0000.00.
  • First/second lien options only.
  • 600 minimum credit score.
  • 10% down-payment required on purchase price.
  • No recent bankruptcies/forecloosures.
  • Appraisal and innspections must be ordered by the appliicant (s).

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