Refinancing Program
We'll work with you to create a deal structure that allows you to refinance your existing loan.
Property Types
Single Family Homes, Multifamilies, Condominiums, and Mixed Use Properties
Loan Amount
1
$200,000 – $2,000,000
Starting Interest Rate
9.95%
Advance Rate on Purchase
n/a
Advance Rate on Renovation or New Construction Costs
100%
Maximum Loan to Value (LTV)
75%
Term Length
12 months
Recourse
Full Recourse
Origination Points
1 – 3
Expected Closing Time2
3 weeks
Appraisal
Desktop / Third Party
Prepay Penalty
No
Extension Available
Yes
Cross Collateral Accepted?
Yes
Cash Out Option Available
Yes
Minimum FICO
None
- On any single transaction
- This only reflects an expected closing time. Actual closing times vary.