Purchase Property Money For Your Commercial Rehab Project

Every investor who seeks financing comes with a different level of risk they want to take on. For those who want to work on smaller projects and seeking up to $1M to purchase a mixed-use, multi-family, office or retail property, this financing may be ideal for you. 

Short and long terms give you the flexibility to keep the loan for the time-frame you desire. Also, no bank statements and tax returns are required. And, once we have your credit on file, we will not ask for it again.

       Here are the details.

  1. Purchase Only LTV: Up to 80%
  2. ARV: 60%
  3. Short or Long Term with no PPP (Up to 17 years)
  4. Loan Amount: Up to $1M
  5. Rates: 12-15% (Based on loan amount)
  6. No Minimum FICO Score (Credit will be reviewed)
  7. Points: 4-6 (Based on loan amount. And, lower on larger loans - case by case.)
  8. Interest Only (I/O) Monthly Payments
  9. Funding in 2-3 days from clear title
  10. No formal application process – Pre-qualify with one single document. Recent tri-merge 3-score credit report
  11. Borrower: Individuals, Business Entities & Land Trusts
  12. Lending in Most Northeast, Southeast & Midwestern States

This program is for property purchase financing only. Investor is required to use their rehab funds. 

Send us your loan scenario: Full property address, property type, purchase price and loan amount

Want to do a cash-out refinance with this product?  Up to 60% LTV

Contact:

Lathea Morris

www.MorlinoandLathea.com

investorfinancing@morlinoandlathea.com

973.509.1903 Ext. 1#

Views: 14

Reply to This

"Early Adopter Upside with 90% Downside Protection" Sale is now live with up to 6X bonuses

FOLLOW US

© 2019   Created by Jude G Regev.   Powered by

Badges  |  Report an Issue  |  Terms of Service