Refinance Program
Refinancing of commercial loans secured by 1-4 family residential or mixed use property.
Interest Rate
9.95% - 12%
Points
1% - 3%
Advance Rate on Purchase
N/A
Advance Rate on Rehab or New Construction
100% of cost
Advance Rate on Current Value
Up to 75%
Loan % to After Rehab Value
N/A
Property Types
Single Family, Multi Family, Mixed Use
Extension Available
Yes
Cross Collateral / Blanket Loans
Yes
Loan Size
$200k - $2M
Loan Terms
12 Months
Cash Out Option Available
Yes
- On any single transaction
- This only reflects an expected closing time. Actual closing times vary.