If you’re a real estate investor looking for rehab financing, we have innovative finance programs that can make a significant difference in your business. Through our Rehabilitation loan program, we’re able to work directly with real estate investors, builders, rehabbers, contractors and other real estate professionals to provide financing for the purchase and rehab of non-owner occupied residential, mixed-use or commercial real estate.
Our expert mortgage loan originators at MortgageDepot are able to assist you with acquiring the finances you need for your next rehab project or Fix & Flip. Through our loan programs, we’re able to offer finances for rehabs and Fix & Flips nationwide. We offer loan amounts as low as $50K all the way up to $2.5 Million for non-owner occupied single-family or multi-family residential projects, with terms up to 12 months.
Our innovating program uses real estate as collateral. That collateral can be in the form of either non-owner occupied residential real estate, or in the form of mixed use or even commercial real estate. The loan-to-value of this program can be for as much as 80% of the purchase price of the property, or up to 65% of the value of a property for a cash-out refinance. Best of all, we can close in as few as 10 (ten) business days.
Our loan consultants are standing by to assist with short-term rehab loans that can be utilized for the financing of new construction projects, to provide bridge loans, to help with the purchase of non-owner occupied single-family or multi-family residential properties, commercial or mixed-use properties and even to help with lines of credit backed by real estate collateral.
To find out more what our fix and flip program is all about contact, our office.