Fix & Flip (RTL) Loan Program

Amount $500,000 - $3,000,000
LTV Max 70% ARV
LTC Up to 100%
Term Up to 12 Months
Interest Rate Starting at 9.99%
Origination Fee 2-3%
Lien Position Senior Debt - 1st Lien
Geography Mid-Atlantic and Southeast: DC, MD, VA, NC, SC
Asset Types Single Family (1-4), Non Owner-Occupied
Sponsorship Experienced operators preferred, will lend to first time builders
Recourse Non-recourse with "bad boy" carve-outs available
Credit No Minimum FICO Score
Appraisals Not Required