Our rates are very attractive, among the lowest of Colorado fix & flip lenders, and we act quickly. No appraisal fee. No application fee. No inspection fee. No junk loan fees.
Our experience with these properties makes us a superior source of financing. Importantly, our loan costs are up front, without the surprise fees buried deep in the loan documentation.
A temporary loan until you get permanent financing, usually 1 to 3 months.
How fast can you close? usually close in 3 days or less
What is your maximum loan to value based on the after repaired value? 70% of the ARV
What are your loan points? Interest rates? points are 2 to 5%, interest rate 12 to 14%
Do you require monthly payments? yes, interest only
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