Loan Terms for RFG Private Hard Money Loans/Rehab Loans
As your rehab lender and hard money lender, real estate investors and house flippers can concentrate on purchasing a property and avoid spending time worrying about how to fund them. Our rehab private hard money loans will allow you to purchase a property below market price and perform the necessary repairs to enhance the value and saleability of the property. We also offer transactional funding on a case-by-case basis. Let Rehab Financial Group be your real estate investment funding source.
Our terms for real estate investment funding below will be based upon the characteristics of the borrower and the term of the loan. Our basic terms on private hard money loans/rehab loans include:
Purchase & Rehab
Purchase & Rehab100% of Purchase & Rehab Costs
LTV
LTVUp to 75% (Based on After Repair Value)
FICO SCORE OF 650 – 699 = MAX ARV OF 65%
FICO SCORE OF 700+ = MAX ARV OF 70%
FICO SCORE OF 700+ with proven experience = MAX ARV OF 75%
States
StatesAlabama, Connecticut, Delaware, Florida, Georgia, Indiana, Kentucky, Maryland, Massachusetts, Missouri, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia.
Term
Term9-month term with 3-month optional extension (extension fees apply).
Credit Score
Credit Score650 minimum
Loan Size
Loan Size$100,000 to $1,000,000
Closing Costs
Additional closing costs are due at time of closing.
We’re Here to Help
Call us toll free at 610-890-8512 to speak with a lending specialist and discuss how we can help you reach your goals. By leveraging private hard money loans/rehab loans from Rehab Financial Group, real estate investors and house flippers are able to move quickly when they find a good deal.
We are always looking for ways to develop long term, strong relationships with our clients and partners. Let us know how our rehab loans/hard money loans can help you!
Looking for a step-by-step guide to the loan process? Click here.