*NO Pre-Payment Penalty!
This is a great program for investors that fix & flip properties quickly.Interest Only payments for a 12 month term with balloon payment due at end of term.
*Pre-Payment Reduced to 8 Months
A two-year term gives you the flexibility to fix & flip, buy & hold, engage in an extended rehab, or even qualify for a conforming loan down the road.Interest Only payments for 24 month term with balloon payment due at end of term. The loan has a minimum period of 8 months interest payments.
- Non-owner Occupied Only
- Lending in AZ, CA, CO, FL, GA, HI, NC, NV, OR, SC, TN, TX, UT, VA & WA
- Purchase, Refinance, Cash Out, Rehab
- 75-80% LTV
- $100K-$10 Million
- SFR, 1-4, 5+, Condos
- Interest Only Payments
- Stated Income/Bank Statements Only
- No Minimum FICO Requirements