Rate RangeStarting at 9.24% (As low as 9.49% for standard guidelines)
Max LTVPurchase: Up to 100% of Purchase Price + 100% of Renovation Costs (Max 75% ARV for 10+ flips experienced; 80%-95% purchase for lower experience levels); Refinance: Up to 75% As-Is Value + 100% Rehab; Cash-Out: Up to 60% As-Is Value + 100% Rehab
Term12–18
AmortizationInterest-Only
Min Credit Score650
Coverage
Nationwide except AK, NV, UT, ND, SD, VT
Highlights
Finances up to 100% of purchase price and 100% of renovation costs, not to exceed 75% of After-Repair Value (ARV). • Interest is charged only on the outstanding drawn balance, not on the rehab holdback funds.