Residential Asset Based Loans:
No Minimum FICO Score / No Minimum Experience:
Purchase - 70% of As-Is Value
R/T Refinance - 70% of As-Is Value
Cash Out - 60% to 65% of As-Is Value
Minimum Loan Amount: $100,000
Maximum Loan Amount: $10,000,000
Collateral Type: Single Family, 2-4 Units, Condos, and Townhomes.
Seasoning: None
100% CLTV Financing OK
Interest Rates Starting at 10.99% to 13.99%
Points starting at 5% to 8%
Close of Escrow: 5 to 7 Days
1 Year Term
No Prepayment Penalty
12-24 Hour Term Sheet
Fast Money When you need it!