top of page

DSCR
RENTAL LOAN

features

  • 2-Minute Application

  • Get an Offer in 24 hours

  • Use of Funds: REHAB Loan for Fix and Flip

  • Financing up to 90% of Purchase & 100% of Repairs

  • 100% Financing available with GAP Funding (to finance Down Payment & Closing Costs)

  • 10-day Closing

  • Minimum Loan: $100K

teRMS

  • Rates from 8.5% 

  • Up to 24 months

Buy-Fix-HOLD  â–º if you decide to Hold & Rent instead:​

  • Upon rehab's completion , your loan is refinanced into a DSCR Rental Loan. It's long-lerm with low interest rate 

  • Up to 30-year Amortization

  • Pre-Payment Penalty applies for the first 3 years

REPAYMENT

  • Interest-Only Loan

  • Monthly Payments

  • No Pre-Payment penalty

​

eligibility

  • Borrowers: Corporations, General Partnerships, Limited Partnerships, Limited Liability Companies (LLC’s), Revocable Trusts, Land Trust

​​

  • Property: Single-Family Residences, 2 to 4 Unit Residential buildings​

​

  • Occupancy: Non-Owner-Occupied properties only

 guidelines

  • Credit 660+, Low-Doc, No Income Verification

  • First-Time Flippers are welcomed (Minimum FICO: 700+)

  • Origination Fees: 4%​

bottom of page