Loan Program # 1
Territory MO (St. Louis Only)
AMNT $50k - $1M
LTV 75 - 100%
INT 12% 8 months
24% 9 - 12 months (Plus 4 points)
PTS 4 + 4 for extension
TRM 4 months (ext of 4 pts for 4 more months - then additional interest rate)
PPP None
Loan Program # 2
TRTY AZ, CA, ID, MO, NV, OR, TX, UT
AMNT $200k - $25M
LTV 60% Land
65% Developments
75% Construction
INT 8 - 14%
PTS 2 - 6
TRM 6 - 12 months
PPP No
Loan Program # 3
Amount $10k - $300k
LTV 50 - 60% ARV (100% of purchase/rehab)
INT 12% 5 4 months (ext of 4 months with 5 pts - will refund prorated)
12% 8 6 months
18% 8 9 months
PTS 4
TRM 6 – 12 months
PPP None
Loan Program # 4
Territory St. Louis, MO and surrounding counties
Amount No min or max
LTV Up to 70% ARV Will loan on purchase only, no money for the rehab. Will loan 100% of purchase and roll in points if goes up to the 70%
INT 15% 700 score and over
18% Less then 700 score
PTS 4 (Min of $2000)
TRM 4 months Then ext of 2 months at a time up to 12 months - 2 points or $1000 min for each extension
PPP No
Will find 2 loans at a time max
Loan Program # 5
Territory DE, IL, IN, KS, MI, MO, NC, NJ, NY, OH, PA, TH
Amount $25k - no max
LTV 70% ARV (Will pay 100% of deal)
INT Prime + 6 (Floats)
PTS 5 (ext add 2)
TRM 9 (ext add 4 = 13)
Credit 680
Docs Full
All costs rolled into loan
Purchase one at a time until track record
20% of Loan into escrow account OR Cross collateralize residence
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