LOAN
TERMS
Standard Loan Terms
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Max Loan Amount: $5,000,000
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Max LTC / ARV: 90% LTC / 80% ARV
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Rate: Starting at 9%
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Term of loan: 12-24 months
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Draw Fee: None
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Payments: Monthly Interest Payments with Balloon at Maturity
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Prepayment penalty: None
Property Types
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Condominiums
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Single-family residences
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Two to four units
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Multifamily homes
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Townhouses
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Condo-Hotels
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Other property types case by case
Standard Closing Time
The usual time to close is 5-15 days.
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Standard Closing Costs
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Points: 1-3%
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Underwriting Fee: None
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Legal: $750 – $1,500
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Appraisal Fee: None
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Title Insurance and recording fees: None
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Standard Requirements
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Copy of ID and Borrowing Entity docs
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Purchase Contract (If Purchase)
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Property Insurance
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Rehab Cost
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GC or Contractor Cost Review​
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Our team is dedicated to finding the right-fit loan for your project and your personal financial goal for the project. If you are not sure FIX-AND-FLIP LENDING is for you drop us a line and we will have one of our experts get back to you to discuss further.
NO FEES UNTIL CLOSING
NO PREPAYMENT PENALTIES
NO APPRAISAL
FEES
This is not an offer for extension of credit nor a commitment to lend. Programs, rates, terms, and conditions subject to change without notice. Certain restrictions may apply. All approvals subject to underwriting guidelines. Not all applicants will qualify.
2023 All rights reserved by Bellvue Investments