Lenders Keeping Mortgage Rates From Going Lower?March 9, 2020Mortgage rates dropped to an all-time low last week as the benchmark 10-year U.S. Treasury note, which tends to influence the
FINANCING FLIPS THE RIGHT WAY
Dated: December 15 2017
Views: 882
JESUS PAZMINO, P.A. IS NOW ABLE TO BROKER FINANCING FOR INVESTORS! Email or Call Today For More Info: 305.432.492
Jesus@HomeFinderTools.net
Fix & Flip Loans and Lines of Credit
Compare our Rates and Points to the Competition!
Our fix & flip products provide investors with short-term funds for property acquisition and rehab. Interest rates start at 6.99%, and terms are perfect for investors.1
Key Product Facts:
Rates as low as 6.99%
Lines of credit up to $10MM, and single property loans from $50K to $1MM
Financing for up to 90% of acquisition costs and 95% of renovation expenses, up to 75% After Repair Value
Why Get a Fix & Flip Line of Credit? - Experienced Investors Only
Our Line of Credit provides speed and simplicity!
It streamlines the lending process, so you can acquire and/or renovate multiple properties more quickly.
Once you’re approved, you do not need to complete the borrower review each time you want to put a property on the line.
Jesus Pazmino, P.A. is your partner for all of your real estate investment purchase & financing needs.
My team specializes in rental property and Fix & Flip investment loans. Whether you’ve hit the maximum number of loans available from conventional lenders, have non-traditional income, or just want a specialized loan designed for real estate investors, we have a product to meet your needs.1
We get that earning trust means more than just doing the paperwork – it means becoming a partner.
We are committed to best-in-class customer service and to being your long-term, strategic partner. Whether you’re applying for your first rental property loan, need short-term funding for a Fix & Flip property, or want to refinance an established rental portfolio, our team is committed to providing the most innovative solution, but always with a personal touch.1
Fix & Flip Product Details1
| LOAN PURPOSE |
|
| INTEREST RATE1 | 6.99% and up |
| MINIMUM PROPERTY VALUE | N/A |
| TERM | 9 months, with optional 3 month extension |
| BORROWER TYPE | LLC, Individual, Partnership, or Corporation |
| MAXIMUM LOAN-TO-VALUE (LTV)7 | 75% of After Repair Value (ARV) |
| MAXIMUM LOAN-TO-COST (LTC), COST IS PURCHASE PRICE AMOUNT8 | 90% |
| WHEN DO WE USE LTV VS LTC? | Generally, we use the lesser of LTV or LTC calculation |
| CASH FLOW REQUIREMENT | N/A |
| REHAB FINANCING | Funding up to 95% of rehab budget, max 75% ARV |
1 comments in this topic
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