Purpose

Investment property loan that is ideal for temporarily holding assets (purchase or refi)

Minimum Experience

0 experience needed. Experience is defined as a 36-month lookback period (includes flips, builds, and rentals)

Individual Loan Size

$50K - $3MM

Exposure Limit Amount

$500K - $10MM *

Multi-Family Max Leverage

Purchase or Refinance/Cash-Out: Up to 70% 

Eligible Borrower Types

Individuals and Entities (LLC, Corporation).

Foreign Nationals eligible.

Eligible Properties

Non-owner occupied: attached or detached SFR, 2-4 units, PUD, Condo, Multi-family, Mixed-Use

Loan Term

12 months standard, interest-only payments with fixed rate. 18-month option available.

Minimum Interest

90 days interest on the full loan balance

Valuation Requirements

No-fee alternative valuation option for eligible properties3; otherwise full narrative appraisal with “as-is” values required. No rural properties.