Wednesday, December 8, 2010

Arizona 100% Purchase And Rehab Lending

Loan Program # 1

Territory   AZ Only
AMNT      $25k - $250k  (Up to $500k for Multi's)
LTV          70% of purchase  /  100% of purch/rehab if put 35% of purchase into escrow)
INT           12%                                             12%
PTS          4 (min $2k)                                 6 (min $3k)
TRM         6 months                                    12 months
PPP          4 month guarantee                   6 month guarantee


Loan Program # 2

TRTY       AZ, CA, HI, NV
AMNT      $50k and up
LTV          Up to 100% LTC
INT           12 - 14%
PTS          6
TRM         12 months
PPP          None


Loan Program # 3

TRTY       AZ &TX Only
AMNT      $100 - $10M
LTV          55% ARV (to 100% LTC)
                  35% Land
INT           15 - 18%
PTS          6 - 10
TRM         12 months (ext to 24 months)
PPP          None

True Hard Money, Asset Based, No Credit
Need Appraisal, No Seasoning


Loan Program # 4

Territory   AZ, CA, NV, OR, TX, UT
AMNT      $50k - $5M
LTV          100% LTC of 70% ARV or FMV if purchase
INT           18% (plus $750 after first month payment to exercise 5 month "option")
PTS          4 - 6
TRM         6 + 6
PPP          None

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