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 | Glendale, California |
Population | 199,303 |
Map Coordinates | 34.18°N 118.24°W |
Median Home Price | $821,800 |
Housing Units Owner Occupied | 24,018 |
Housing Units Renter Occupied | 50,179 |
Hard Money Loan Volume | $137,399,488.20 |
Rental Property Loan Volume | $169,001,370.49 |
Bridge Loan Volume | $48,089,820.87 |
Fix & Flip Loan Volume | $104,423,611.03 |