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Powered By: Crafty Syntax
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We Lend on Individuals, Corporations and LLC's! |
Purchase / Refinance / Construction / Rehab / Line of Credit
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- Residential
- Rehab Loans
- Unique Properties
- Mixed Use
- Multi Unit
- REO/Foreclosures/Short Sales
- Retail
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- Commercial
- Construction Completion
- Industrial
- Office Buildings
- Improved Lots
- Apartments
- Refi. Cash Outs OK!
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Program Details: |
| Documentation: |
stated income / stated assets. |
| Occupancy: |
non owner occupied. |
| Pre Pay: |
3 mo. interest guarantee |
| Loan Amounts: |
$100,000 minimum. |
| Term: |
12 - 24 months |
| Rate: |
12.00 to 15.00% |
| Points: |
4 - 5 points |
| Borrower Down Requirement: |
20% on purchase price. |
| Recommended Reserves: |
approximately 50% of rehab costs & 6 months payments. |
| Rehab Budget Financing: |
up to 100% of rehab budget with fund control. |
| LTV: |
55 - 60% A.R.V. |
| FICO: |
call for more info. |
| Rehab Timeline: |
12 - 24 mo. |
| Underwriting/Loan Documents: |
$800 - 1,500 |
| Timeline to Fund: |
3 to 5 days |
| Lien Position |
1st and 2nd max CLTV of 60% |
* Rates and terms subject to change without notice.
Every deal is different so email your scenario today for a prompt response and Greenpoint Equity will determine the loan amount, origination fee and term of the loan, based on (project) the quality of the property, location of the property, credit worthiness of the borrower, the amount or size of the loan after initial underwriting. |
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 CA. Dept. of Real Estate, License No. 01358720, NMLS No. 503753.
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