How fast can you close? usually close in 3 days or less

What is your maximum loan to value (LTV)? 70% of the after repaired value (ARV)

What are your loan points? Interest rates? points are 2 to 5%, interest rate 12 to14%

Do you require monthly payments? yes, interest only
 
Do you charge prepayment penalties? No.
 
Do you lend money for construction costs? No.
 
Are there upfront fees? Application fees? Inspection fees? Document fees? No, No, No, No
 
What types of properties will you lend on? single family houses and condos

What insurance is needed? hazard insurance, title, and lender's

Do you provide proof of funds letters? Yes, provided you have been pre-approved.

Can anyone live in the house during the course of the loan? No.

 
 

Mountain States Home

Hard Money Lender