Approval Amounts: $75,000-$10 million
Term: 12 months up to 30 years depending on program
Rates: Variable
Credit Requirements: Personal credit score 650+
To Use As Collateral:
Must own investment home or commercial property
Physical building with tenant
Equity in property
Monthly revenue to support repayment
Property needs to be in the business name
To Use For Purchase:
Personal credit score 660+ for first time investors
Personal credit score 620+ for business owner who has done at least 5 fix n flips in last 3 years
No outstanding judgements, tax liens, or bankruptcy in the last 3 years
Must have 25%-30% down payment plus closing cost
Cannot do primary residential
Deal Submission Requirements: Application, Real Estate Sheet, 3-6 months business bank statements, Personal financial statement
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