Missouri Purchase And Rehab Lending

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