Philadelphia Area Purchase & Rehab Lending

Loan Program # 1

TRTY       Philadelphia Area

AMNT      $100k  and up

LTV          100% LTC of 65% ARV

INT           15%

PTS          5

TRM         6 months

PPP          None

Purchase/Rehab, Construction & Land

Loan Program # 2

Territory   Phil Area, Newark, to Cape May, NJ, DE, Eastern MA

Amount    $70k - $350k

Amount    $500 - 600k for South Jersey, Cherry Hill, Marlton

LTV          65% ARV

INT           12 - 16%

PTS          6

TRM         6 - 12 months

PPP          No

CRDT      660

Loan Program # 3

TRTY       AL, DC, GA, KS, MD, MN, NC, NJ, PA, SC, TX, VA

AMNT      $50k - $5M

LTV          70% with 680 score  /  Min score is 680

INT           10%         8 pts

                  15%         6 pts

TRM         6 months only (case by case ext, no pts, interest goes up to 18%

PPP          No

CRDT      680 for 100%

RSVS       6 months required for each house owned

Borrowers can only have 4 financed properties (3 + 1)

100% financing up to 70% ARV.  Points and Closing Costs Are Paid At Closing

Loan Program # 4

TRTY       DC, DE, MD (Baltimore ok), S. PA, N. VA

AMNT      $50k - $1,5M

LTV          100% of purchase, 50% of rehab

INT           14%

PTS          4 - 6

TRM         6 -  12 months

PPP          None

Loan Program # 5

TRTY       Phil & South. NJ

AMNT      $15k - $250k

LTV          70% ARV (100% of 70% ARV)

INT           15%

PTS          6   (2 at commitment, 4 at closing)

TRM         6 – 12 months

PPP          No

No Appraisal

Application Fee (Personal) $275   (LLC App Fee $350 extra)

Loan Program # 6

TRTY       CT, DE

, NY, PA, VA (Must live within 60 miles of property)

AMNT      $75k - $3M

LTV          65% (Up to 100% purchase/rehab)

INT           16%

PTS          5

TRM         12 months

PPP          None

CRDT      660

DOCS      Full Doc loan (Like Residential Loan)

Loan Program # 7

Territory   Phil, South NJ, Mont County & DE County

Amount    $100 - $150k

LTV          65% ARV (their comps and appraisal)

INT           16%

PTS          6

TRM         12 months

PPP          No

Credit       650

Loan Program # 8

TRTY       Philadelphia Area

AMNT      $10k - $350k

LTV          100% LTC of 70% ARV

INT           14 – 15%

PTS          4 - 6

TRM         12 - 60 months

PPP          None

1 - 4 units, Mixed, Small Commercial

Loan Program # 9

Specializes in Commercial & Residential Purchase / Rehab

Territory   Phil & E PA; S NJ; N DE; MD Cecil County  (Residential)

                  Nationwide Commercial

Amount    $30k - $10M

LTV          65% ARV (100% of purch/rehab to 60% ARV)

INT           16

PTS          10  ($6,000 min)

TRM         6 - 12

PPP          No

CRDT      660

Commercial Bridge, Residential Bridge, Land & Purch / Rehab