Wholesale Mortgage LENDING SERVICES

Fix and Flip Lending

Wholesale lending for Non-Owner-Occupied 1-4 investment properties (cannot have any units as Owner-Occupied); Condos; Townhomes: 5+ Unit Apartments; and Mixed-Use Properties.

Terms:

12 months/6-Month Extension

Loan Amounts:

  • $50k - $2M ($3m+ must be approved prior to submission) on NOO 1-4 Family, Condos, and Townhomes
  • $250k - $3M for Multifamily (5+) Units/Mixed-Use

Loan-to-Value (LTV) Ratio:

  • Purchase (first-timer investors OK):
    • Up to 85% (light rehab) of Purchase Price + 100% of Renovation Costs; 70% of the after-repair value (ARV), loan capped at 90% total loan to cost (purchase + rehab)
    • Up to 85% (medium rehab) of Purchase Price + 100% of Renovation Costs; 70% of the ARV, loan capped at 90% total loan to cost (purchase + rehab)
    • Up to 75% (heavy rehab) of Purchase Price + 100% of Renovation Costs; 60% LTV of the ARV
      • Refinance: Up to 75% As-Is + 100% of Renovation Costs; Not to Exceed 60% of the ARV
      • Cash-Out: Up to 70% As-Is + 100% of Renovation Costs; Not to Exceed 55% of the ARV
  • Rates start at: 10.49%+
  • Credit Score: 620 minimum (620-659 require 6M reserves)

Rental Property Lending (Long‑Term & Short‑Term)

Wholesale lending for Non-Owner-Occupied 1-4 investment properties (cannot have any units as Owner-Occupied); Condos; Townhomes; Portfolios, Long-Term Rentals (LTR), and Short-Term Rentals (STR) with 91 DAYS SEASONING to use the appraised value.

Terms:

30-Year Fixed-Rate Mortgages; Interest Only (i/o) Loans, Adjustable-Rate Mortgages (ARMs); 1-5-year Paycheck Protection Program (PPP) loans

Loan Amount:

$65K-$1.5M loan sizes

  • FICO: 680 minimum

1-4-Unit Loan-to-Value (LTV) Ratio:

  • Purchase/Refinance (rate/term):
    • 680-719 to 70% LTV
    • 720-739 to 75% LTV
    • 740+ to 80% LTV
  • Cash-Out:
    • 680-719 to 65% LTV
    • 720-739 to 70% LTV
    • 740+ to 75% LTV
  • Floor Rate: 6.49% for 1-4 Family Properties
  • Credit Score: 680 minimum
  • Debt Service Coverage Ratio (DSCR): 1.2 at 680-719; DSCR minimum 1.1 at 720+

Long-Term Rental (for 5+ Units) Lending

Wholesale lending for Multifamily 5-9-unit properties (10+ on exception).

Terms:

30 years Automated Market Maker (AMM); Adjustable-Rate Mortgages (ARM); Interest Only (i/o) Loans; 3-5-year Paycheck Protection Program (PPP) loans (lower on exception).

Loan Amounts:

$250,000-$2M loan sizes

Loan-to-Value (LTV) Ratio:

  • Purchase/Rate & Term:
    • 740+ up to 67.5% LTV
    • 720-739 up to 65% LTV
    • 680-719 up to 60% LTV
  • Cash-Out:
    • 740+ up to 65% LTV
    • 720-739 up to 60% LTV
    • 680-719 up to 55% LTV
  • Rates start at: 7.25%
  • Credit Score: 680 minimum
  • Debt Service Coverage Ratio (DSCR): 1.20+

Ground Up Construction Lending

Wholesale lending for Non-Owner-Occupied 1-4 investment properties (no units can be Owner-Occupied); Condos; Townhomes; and Apartment buildings.

Terms:

12, 18, or 24 months Interest Only (i/o) Loans

Loan Amounts:

$100K-$2M loan sizes

Loan-to-Value (LTV) Ratio:

  • Purchase/Rate & Term:
    • 75% LTV of AS-IS value
    • 75% LTV of the After-Repair Value (ARV) maximum and/or 90% maximum LTC
  • Adjustable-Rate Mortgages (ARM): minimum 150k
  • Rates start at: 10.99%+ with 2% fee
  • Credit Score: 650+ minimum

Our "3C" Process:

pre-approval request icon

Complete our pre-approval request

mortgage icon

Consider options based on your requirements

handshake icon

Choose the offer that suits your needs best

More Products. More Options. More Solutions.

CONTACT US Today for Your Pre-Approval!

Contact

Contact Us