The
Rehab100 Loan Program allows investors the opportunity
to purchase
a home that requires Rehab/Renovation and to finance both the purchase
and actual cost
to repair the property based on 65%-70% of the "After Repair
Value - ARV"
Example of How This Hard Money Rehab
Loan Works...
Purchase Price:
$125,000
Repair Costs: $25,000
After Repair Value: $250,000
Rehab100 Loan Amount: $162,500 {65% of 250,000}
Estimated Rate/Terms on the REHAB100
Hard Money Program...
Rates
- 12 -18%
Term: 6Mo, 12Mo, 2/28 Arm, Interest Only
Points: 4.0 - 10.0
Prepayment Penalty: None
General Requirements to Qualify for
the REHAB100...
Minimum Scores:
500+, 620 Scores and Above May Qualify for Better Terms
Experience in Renovating Homes is a Definite Plus+, But Not Always Required
Letter Of Explanation: Payoff Strategy
List of Improvements to Be Made w/Cost Breakdown
Appraisal {Ordered By Our Investors}
To Apply For Our Rehab100 Hard Money
Loan, Please Fill Out Our...
or
Call 1-866-693-2568