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 | Rancho Cucamonga, California |
Population | 177,603 |
Map Coordinates | 34.12°N 117.56°W |
Median Home Price | $536,500 |
Housing Units Owner Occupied | 38,075 |
Housing Units Renter Occupied | 21,422 |
Hard Money Loan Volume | $122,439,508.20 |
Rental Property Loan Volume | $150,600,595.09 |
Bridge Loan Volume | $42,853,827.87 |
Fix & Flip Loan Volume | $93,054,026.23 |