LOAN PURPOSE |
|
INTEREST RATE[1] | Rates as low as 8.99% |
LOAN AMOUNT | $300K-$10MM[12] |
LOAN TERM | 12 to 18-month options available |
BORROWER TYPE | Individual or group |
EXPEREINCE | First-time buyers welcome |
REFINANCE MAXIMUM LEVERAGE LOAN –TO-VALUE[4] AND LOAN-TO-COST[5] |
Up to 75% |
PURCHASE MAXIMUM LEVERAGE | Up to 80% |
COST BASIS | Purchases and refinances owned more than 180 days |
REHAB ALLOWANCE | Up to 25% (cosmetic only) |
PROPERTY TYPE |
|
City, State | Tucson, Arizona |
Population | 548,073 |
Map Coordinates | 32.15°N 110.87°W |
Median Home Price | $172,700 |
Housing Units Owner Occupied | 107,516 |
Housing Units Renter Occupied | 110,477 |
Hard Money Loan Volume | $377,841,526.20 |
Rental Property Loan Volume | $464,745,077.23 |
Bridge Loan Volume | $132,244,534.17 |
Fix & Flip Loan Volume | $287,159,559.91 |