California ARV Purchase and Rehab Lending

Loan Program # 1

Territory   CA  (Commercial Nationwide)

Amount    $100k - $100M

LTV          100% LTC of 65% ARV

INT           12 - 14%

PTS          3 - 5

Term        12 months

PPP          None

Need:       1003, Credit, Appraisal, Authorization, E of Repair, etc

Loan Program # 2

Territory      LA to San Diego

Amount       $25k - $20M

LTV             100% LTC of 60% ARV

INT              11.5 - 13.5%

PTS             4 + $1500 (+ 1 if ground up construction) Min $5,000

Term           12 months

PPP             No

Reserve     6 months - Rehab  /  12 months - Construction

Wants 15 - 25% cash into the deal

Uses Income Approach for FMV for a SFR

Loan Program # 3

Territory   CA & NY only

Amount    $50k - $10M

LTV          100% LTC of 75% ARV     (Need 10% of Purchase Price for down payment)

INT           15%

PTS          6

TRM         12 - 24 months

PPP          No

CRDT      Good Credit

Docs Needed :        1003                                            P & S Agreement

                                   2 years tax returns                    Listing

                                   Credit Report                             Comps

                                   3 months bank stmnts              Photo

                                   Tax ID (if legal entity)               Estimate of Repair

                                                                                        GC info

Loan Program # 4

TRTY       AZ, CA, HI, NV

AMNT      $50k and up

LTV          100% LTC of 65% ARV

INT           12 - 14%

PTS          7

TRM         12 months

PPP          None

Refinance/Purchase

LTV          55 - 60

INT           9 - 10

PTS          3

TRM         12 - 18 months

Loan Program # 5

TRTY       CA Only (South)

AMNT      $30k - $3M

LTV          100% LTC of 65% ARV

                  50% LTV Land Entitled

                  25% LTV Raw Land

INT           11 – 13%

PTS          3 - 5

TRM         12 – 24 months

PPP          None

Loan Program # 6

Territory   AZ, CA, NV

AMNT      $25k - $400k

LTV          100% LTC of 65% ARV

INT           12.5% - 15%

PTS          4 - 5

TRM         6 months (2 ext, 90 days each)

PPP          No

FICO        625

Borrower Down Payment        10-20% of purchase price

Reserves                                    50% of Rehab Cost & 6 months payments

Rehab Budget                           80% of rehab budget

Texas Purchase And Rehab Lending

Loan Program # 1

TRTY CO & TX
AMNT $50k – $1M
LTV 70% ARV (100% lending up to the 70% ARV)
INT 14%
PTS 5
TRM 12 months
PPP No


Loan Program # 2

TRTY CO, TX
AMNT $50k – $350k
LTV 70% ARV
INT 13.5
PTS 3 – 5
TRM 12 months
PPP No
Draw is reimbursement


Loan Program # 3

TRTY CO, TX
AMNT $40k – $400k
LTV 70% ARV (90% of ARV)
Minimum ARV $100K
INT 16%
PTS 3.5 – 5
TRM 6 months (ext 1.5 pts and 18%)
PPP No
CRDT 620


Loan Program # 4

Territory AZ, CO, GA, ID, MD, NC, NB, NM, NV, OR, TX, UT, VA, WA, WV
AMNT $50k – $250K ($350k House)
LTV 100% of purchase to 70% ARV (Only lends on SFR)
INT 15%
PTS 5.5
TRM 6 months (2 months for 2 points)
PPP No
CRDT 620 (under 620 is 18% and 1 point)
EXAMPLE $150,000 ARV
- $20,000 Rehab
= $130,000 Sub Total
x 70% Loan Calculation
= $91,000 Loan Amount
+ 5,000 Points
= $96,000 Total Loan Amount
Borrower pays all rehab cost and closing costs
Purchase Only, No Rehab


Loan Program # 5

Territory AK, CA, CO, GA, ID, MT, NV, NY, OK, OR, TX, WA, WV
Amount $10k – $9M
LTV 65 – 70% (65% ARV of 100% LTC, Purchase/Rehab)
70% Purchases
INT 10 – 15%
PTS 5
Term 12 – 60 months
PPP 3 month interest guarantee
Wants Summary Sent First
$500 processing fee after approval
Will Do Construction
Fees: Doc prep fee $500 – 2500 and collection account set up
fee of $220 plus $1 per $1000 of loan amount
All costs can be rolled into loan


Loan Program # 6

TRTY TX
AMNT $50k – $1.5M
LTV 70% ARV (up to 100% of the 70% ARV)
Rehab is 150% of purchase (exceptions case by case basis)
INT 13 – 15%
PTS 3 – 5
TRM 6 months (with ext up to 12 months)
PPP None
Line of Credit available for qualified investors
Docs : 2 years tax returns
3 months bank statements (personal and business)
Credit report
P & S Agreement
Estimate of Repair
Builders Risk Ins.
(Appraisal obtained by Lender)


Loan Program # 7

TRTY TX Only (San Antonio and South TX)
AMNT $50k – $1.5M
LTV 70% ARV (100% up to 70% ARV
INT 13.5
PTS 5
TRM 12
PPP None
Purchase/Rehab, O/O, Foreign Nationals, Office, Church,
Mixed Use, Restaurant, Multi Unit, Land, Storage, Day Care, Farm/Ranch


Loan Program # 8

TRTY Austin TX Only
AMNT $50k – $1M
LTV 65% ARV
INT 13 13
PTS 3 5
TRM 6 12
PPP No No
CRDT None None


Loan Program # 9

TRTY AZ, CA, NV, OR, TX, UT
AMNT 50k – $1.5M
LTV 100% LTC of 70% ARV or FMV if purchase
INT 18% (plus $750 after first month paymnet to exercise 5 month “option”)
PTS 3 – 6
TRM 6 + 6
PPP None
CRDT Not credit driven


Loan Program # 10

TRTY TX Only
AMNT $50k – $5M
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
Purchase, No Rehab Funding
Close in 2 weeks


Loan Program # 11

TRTY TX Only (Dallas – Fort Worth)
AMNT Min House Value ARV of 80k
LTV 65% ARV
INT 14%
PTS 4
TRM 6 months
PPP None


Loan Program # 12

TRTY Houston Area Only
AMNT $50k – $1M
LTV 70% ARV
INT 16%
PTS 3 – 5
TRM 6 months (one ext for 3 months, 1 pt)
PPP No
CRDT 675

Texas Purchase And Rehab Lending

Nevada Purchase and Rehab Lending

Loan Program # 1

Territory   AZ, CO, GA, ID, MD, NC, NB, NM, NV, OR, TX, UT, VA, WA, WV

AMNT      $50k - $250K   ($350k House)

LTV          100% of purchase to 70% ARV (Only lends on SFR)

INT           15%

PTS          5.5

TRM         6 months (2 months for 2 points)

PPP          No

CRDT      620 (under 620 is 18% and 1 point)

EXAMPLE                                  $150,000                       ARV

                                              -     $20,000       Rehab

                                             =     $130,000     Sub Total

                                                            x 70%    Loan Calculation

                                             =       $91,000     Loan Amount

                                             +            5,000    Points 

                                              =        $96,000    Total Loan Amount

Loan Program # 2

TRTY       AZ, CA, HI, NV

AMNT      $50k and up

LTV          Up to 100% LTC

INT           12 - 14%

PTS          6 + 2 to broker = 8

TRM         12 months

PPP          None

Refinance/Purchase

LTV          55 - 60

INT           9 - 10

PTS          3

TRM         12 - 18 months

Loan Program # 3

Territory   AK, CA, CO, GA, ID, MT, NV, NY, OK, OR, TX, WA, WV

Amount    $10k - $9M  

LTV          65 - 70%      (65% ARV of 100% LTC, Purchase/Rehab)

                  70%              Purchases

INT           10 - 15%

PTS          5

Term        12 - 60 months

PPP          3 month interest guarantee

Wants Summary Sent First

$500 processing fee after approval

Will Do Construction

Fees:  Doc prep fee $500 - 2500 and collection account set up

            fee of $220 plus $1 per $1000 of loan amount

            All costs can be rolled into loan

Loan Program # 4

Territory   AZ, CA, NV, OR, TX, UT

AMNT      $50k - $1M

LTV          100% LTC of 70% ARV or FMV if purchase

INT           18% (plus $750 after first month payment to exercise 5 month "option")

PTS          12 - 15

TRM         6 + 6

PPP          None

CRDT      Not credit driven

Missouri Purchase & 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

Need $20k of available funds

Will hold 6 months interest payments

3 Draws

Loan Program # 2

Territory   MO

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 - 5

TRM         6 - 12

PPP          None

CRDT      Not Credit Driven

Draws      Pay suppliers in advance, work paid as reimbursement

                  1/3    1/3     1/3

                  $500 fee for all inspections

Loan Program # 3

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 fund 2 loans at a time max

Loan Program # 4

TRTY       MO Only

AMNT      $50k - $1M                                

LTV          100% LTC of 70% ARV

INT           14 – 18%

PTS          4 - 6

TRM         6 - 9 months

PPP          None

CRDT      680

All Costs and Payments Can Be Rolled Into Loan

Oregon Purchase and Rehab Lending

Loan Program # 1

Territory   OR  ($10k min) to no max

                  WA  ($10k min) to no max

                  Nationwide  ($500k min)

AMNT      $50k - $1.5M

LTV          100% LTC of 65% ARV

INT           11 - 18%

PTS          3 - 6

TRM         6 – 18 months

PPP          None

Loan Program # 2

Territory   AZ, CO, GA, ID, MD, NC, NB, NM, NV, OR, TX, UT, VA, WA, WV

AMNT      $50k - $250K   ($350k House)

LTV          100% of purchase to 70% ARV (Only lends on SFR)

INT           15%

PTS          5.5

TRM         6 months (2 months for 2 points)

PPP          No

CRDT      620 (under 620 is 18% and 1 point)

EXAMPLE                                  $150,000                       ARV

                                              -     $20,000       Rehab

                                             =     $130,000     Sub Total

                                                            x 70%    Loan Calculation

                                            =       $91,000     Loan Amount

                                            +            5,000    Points 

                                             =        $96,000    Total Loan Amount

Borrower pays all rehab cost and closing costs

Loan Program # 3

Territory   AK, CA, CO, GA, ID, MT, NV, NY, OK, OR, TX, WA, WV

Amount    $10k - $9M  

LTV          65 - 70%      (65% ARV of 100% LTC, Purchase/Rehab)

                  70%              Purchases

INT           10 - 15%

PTS          5

Term        12 - 60 months

PPP          3 month interest guarantee

Wants Summary Sent First

$500 processing fee after approval

Will Do Construction

Fees:  Doc prep fee $500 - 2500 and collection account set up

            fee of $220 plus $1 per $1000 of loan amount

            All costs can be rolled into loan

Docs Needed:         1003

                                   Credit

                                   Company Financials (if legal entity)

                                   Privacy Notice signed by borrower

                                   P & S Agreement

                                   Preliminary Title Report

                                   Estimate of Repair

                                   Architect Plans (if needed)

                                   Comps

                                   Photos

                                   Borrower Experience Letter

                                   General Contractor License and Ins.

Loan Program # 4

Territory   AZ, CA, NV, OR, TX, UT

AMNT      $50k - $1.5M

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 - 5

TRM         6 + 6

PPP          None

CRDT      Not credit driven

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