“RehabMax” Loan Terms
“NO DOC” & “Lite Doc” Loans
Investor Rehab and rental property fix and flip loans, short, mid and long-term financing products available for fix and keep Rental properties
Interest Rates starting from 8.49%*
Standard term=12 to 24 Months
No Pre-Payment penalty
3 month to 30 year fully amortizing loans available
Max Loan to Value-(LTV/LTC)-Loan to Cost
We lend up to up to 85%-90% “LTC” Loan to the cost of the project.
Or “up to 75% “ARV” of After Repaired Value
Specializing in Baltimore City and DC properties in the surrounding Metro area
Down Payment Requirement:
We finance 100% of the rehab/renovation costs.
Down payment requirement typically is 15%-of the Purchase Price. Seller help is allowed.
No Minimum score requirement for most transactions =>600 preferred
NONE– (certain exceptions may apply for special loan scenarios)
How fast can you close?
Usual closing time=7 Business days.
How do I Get Pre-Qualified for a “Proof of Funds” letter to shop for offers?
Go to the “Loan Application” tab, complete the on-line credit authorization form. Sign and, scan back to us for pre-Qual processing.
A cover sheet of any relevant or useful information we should know about your experience is helpful to better qualify you and is highly recommended. Any all experience counts!
We do NOT have a One Size fits all mentality; we think outside the “Box”.
If we can make your deal work, WE WILL.
We lend on Residential Investment Fix & Flip properties, Rental properties, Mixed Use, New Construction/Raw land for development and Small Commercial Properties.
The advantages of our “RehabMax” Loan are many. You purchase a property quickly and easily without traditional bank financing and minimal documentation & low out of pocket expense.
Good Luck & Good Investing!
We Buy Houses
Wholesale Properties Available
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For Capital Investors
Interested in investing in hard money and rehab loans?
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The Maryland Private Mortgage Lending Team