Non-QM / BUSINESS PURPOSE LOANS

 

  • Residential Investments: Purchase | Cash-Out | Rate and Term Refinance

  • Commercial Investments

  • Multi-Unit Apartments/Investments 

  • Fix & Flips

  • Ground-Up Construction

  • Rental Rehab

  • Bridge Financing

 

Residential Investments: Purchase | Cash-Out | Rate and Term Refinance

Whether it's a single-family home, townhome, condominium, or multi-family dwelling, here are some things to consider before buying investment properties.

Requirements

  • Investment property loans typically have higher interest rates, larger down payments, and different approval requirements. Also, you may have other expenses to consider before you buy an investment property, such as:
  • Homeowners Association Dues
  • Cleaning services
  • Flood insurance
  • Utilities. 
  • We do not cover Mobile Homes, Bed and Breakfast, and Time Shares.
    Additional financial responsibilities

Please contact us if you have more questions about your investment.

 

Commercial Investments

Borrowers looking to refinance Non-Owner Occupied SFR, Condo, and 2-4-unit properties can look for some of the best rates in the Non-QM industry with our Business Purpose Program. Long term (30 years) loans with NO balloon payments and Interest only options are available. You can count on many options for prepayment privileges and impounding for your property taxes/insurance.

Requirements:

  • No Income Proof Needed
  • LTV up to 70%
  • Loan Amounts from $750,000 – $25,000,000
  • Lending to LLC’s, S-Corp, Trust or Individuals.
  • Property Types Include: SFR, Condo, 2-4 Units
  • Interest Only Option Available
  • Foreign Nationals – OK
  • 100% Gift Funds – OK

Please contact us if you have more questions about your investment.

Offering financing for apartment buildings, otherwise known as multi-family properties, is a great way to get the experience to do many more projects.

To qualify as a multi-family investment property, the building must have five or more dwellings (apartments), whereas buildings with four or fewer units are still classified as residential 1-4 investment properties in most states


Multi-Unit Apartment / Investments

Lenders often use a lower LTV in financing an apartment building to offset the increased risk, so you may need to provide a larger down-payment.

  • No Income Proof Needed
  • No DTI Ratios
  • No DSCR calculated on residential properties
  • Rates as low as 6.99%
  • LTV up to 80%
  • Loan Amounts from $50,000 – $15,000,000
  • Lending to LLC’s, S-Corp, Trust or Individuals.
  • Property Types Include: Condo, Condotels, Multifamily, Mixed-Use, Office, and Retail
  • Interest Only Option Available
  • Foreign Nationals – OK
  • 100% Gift Funds – OK
  • Short Term and Long-Term Bridge Options are Available
  • No source & seasoning of down payment options 

Please contact us if you have more questions about your investment. 



Fix n’ Flips

Sometimes a great opportunity comes up in the market. Our Fix and Flip loan allow borrowers to purchase a distressed property or refinance an incomplete property.

  • Up to 90% LTC
  • Up to 75% ARV
  • Non-owner occupied residential and commercial
  • Up to 90% loan-to-cost financing (purchase + rehab)
  • Interest-only payments
  • Stated income 

Please contact us if you have more questions about your investment.

 

Ground-Up Construction

Features and benefits

  • Up to 75% ARV on loan amounts up to $5,000,000
  • Up to 90% CTC on the draw for experienced developers
  • Second homes available
  • One-time close 12, 18, and 24 months construction term program allowing for payment of interest only during construction
  • Teardowns and major renovations on existing homes

Eligible property types

  • 1 Unit site-built homes
  • Detached planned unit developments
  • Teardowns & major renovation
  • Properties where construction has already begun
  • Subject to title company approval to insure prior to the close

 

Rental Rehab

Sometimes a great opportunity comes up in the market. Our Rental Rehab loan allows borrowers to refinance a property in that you rent out the property following the renovation, rather than selling it for an immediate profit.

  • Up to 90% LTC
  • Up to 75% ARV
  • Non-owner occupied residential and commercial
  • Up to 90% loan-to-cost financing (purchase + rehab)
  • Interest-only payments
  • Stated income

 

Bridge Financing

We do not require the same amount of paperwork compared to the traditional loaning agencies, as well as the government-funded companies. There is no need to undergo a stressful period of processing documents and background checks.

All that we need is your honesty and your spark of interest in pushing your career and life to a whole new level.

Whether your investment needs are for long term or short term, gaining financial assistance from our Private Money Loans is one way to fund the growth of your projects.

  • Min. loan amount - $20,000
  • Max loan amount - $2,000,000
  • Maximum LTVs - 75%
  • Term (months) - 180
  • Owner – Occ. - OK
  • NOO - OK
  • Builders, developers 8 Legal entities - OK
  • Foreign nationals - OK
  • Foreign legal entities - OK
  • Property in probate, heirs - OK
  • SRF - OK
  • 2-4 Unit Residential - OK
  • Condo - OK
  • Non-warrantable condominiums - OK
  • NOO, 1-4 units, zoned other than residential, Mixed-Use - OK