Program Overview
Key Features
- Up to 90% LTC (loan-to-cost)
- 75% LTARV (loan-to-ARV)
- Interest on drawn balance only
- In-house fund control
- Close in 7 days
- No prepayment penalty
Eligible Property Types
- Single Family
- Townhome
- 2-4 Units
- Condos
Business Purpose Only
Business-purpose loans only. Not for owner-occupied rehabilitation.
Eligibility Requirements
Minimum FICO
Credit score requirement
Maximum LTV
Loan-to-value ratio
Cash Flow Based
No tax returns needed
Program Guidelines
Experience required. Must demonstrate profitable exit strategy with comparable sales analysis.
Rates & Terms
| LTV | FICO | Rate | Points | Prepayment |
|---|---|---|---|---|
| 85% LTC | 740+ | 11.750% | 2.00 | None |
| 85% LTC | 680-739 | 12.250% | 2.00 | None |
| 90% LTC | 760+ | 12.000% | 2.50 | None |
Note: Rates shown are starting rates and may vary based on property type, location, and borrower qualifications. Prepayment penalties apply as shown. Business purpose loans only.
Calculate Your Scenario
DSCR Calculator
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Property Income
Monthly Expenses
Loan Details
Results
Recommendations
- You qualify for our best rates and terms
- Consider higher LTV options up to 80%
Understanding DSCR
≥ 1.25
Strong DSCR. Qualifies for best rates and highest LTV options up to 80%.
1.0 - 1.24
Acceptable DSCR. May qualify with adjusted terms or lower LTV.
0.75 - 0.99
Consider no-ratio DSCR program or property improvements.
Frequently Asked Questions
How do draw requests work?
Submit draw requests online with receipts and photos. Inspections completed within 24-48 hours.
What experience do you require?
Minimum 2 completed flips or equivalent real estate experience with financial documentation.