Cross Collateral Blanket Loans

(No Rehab Need, Turn Key)

RATES:

8.50% - 14.99%

LOAN TO VALUE:

Up To 70% LTV

LOAN AMOUNTS:

$80,000 - $15,000,000

LOAN POINTS:

Depending on the strength of the file,

EVALUATION PROCESS:

Appraisal From Vendor List (Can Except 3rd Party Appraisals CBC)

LOAN PURPOSE:

Business, Commercial Only (No Consumer Loans)

LOAN TERMS:

3 - 12 Months INTEREST ONLY

(13-24 Months CBC)

MINIMUM FICO:

**580 Fico

LOCATION:

Almost Nationwide

LOAN TO PURCHASE:

Up To 75% LTP

COMBINED LOAN TO VALUE:

90%CLTV (100%CBC)

PROPERTY TYPES:

Non Owner SFR, 2-4 Units & Condos

LIEN POSITION:

Senior Lien Position

VESTING:

ENTITES ONLY
(CORP., LLC, LP)

LOAN PURPOSE:

Purchase, Cash Out, Rate & Term

TITLE SEASONING:

NO SEASONING

PRE PAYMENT PENALTY:

NONE

*We Only Lend on Investment Real Estate Only, We will NOT FUND a CONSUMER PURPOSE Loan.
**We LIKE TO SEE A 620 FICO SCORE, WE CAN GO DOWN TO 500 Fico's with mitigating factors
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