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yourdomain > Detroit > financial > We Funds on: Fix and Flips, Refinance, Purchase (MI)

We Funds on: Fix and Flips, Refinance, Purchase (MI)

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Posted : Tuesday, May 21, 2024 09:12 AM

Min Loan Amount: $ 15,000 Max Loan Amount: $ 10,000,000 - Single Family Homes (Non owner occupied only!!!) - 2 to 4 Units (Non owner occupied only!!!) - Multifamily - Mixed Use - Land - Commercial Building First time investors OK!!! Startups OK! NO Upfront Fees except Appraisal • NO Junk Fees • Quick Closings • BROKERS PROTECTED ----- - Acquisition and Rehab: Purchase Price: 90% Rehab: 100% Loan to Cost: 90% ARV: 75% Rate: 8% starting Term: 12 - 18 months Min credit score: 600 - Hard Money/Bridge Loan: Max LTV: 65% Rate: 8% starting Min Credit Score: 600 Term: 12 - 18 months Interest only - Purchase (Long Term): LTV: 75% Rate: 6% starting Term: Max 30 years Arm: Max 30 years Min Credit Score: 620 - Refinance (Long Term): LTV: 75% Rate: 6% starting Term: Max 30 years Arm: up to 30 years Min Credit Score: 620 - Cash out Refinance (Long Term): LTV: 75% Rate: 7% starting Term: Max 30 years Arm: up to 30 years Interest only options Min Credit Score: 620 Ground up Construction LTC: 85% Rate: 9% starting Term: 12 - 18 months Land purchase is included Interest only Min Credit Score: 680 Construction Experience Required Jay Thomas Jermaine@clearcoinllc.
com (404) 246 - 7981 www.
clearcoinllc.
com

• Phone : (404) 246-7981

• Location : Detroit,MI

• Post ID: 9145563602


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