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 | Cape Coral, Florida |
Population | 194,495 |
Map Coordinates | 26.64°N 81.99°W |
Median Home Price | $249,600 |
Housing Units Owner Occupied | 53,733 |
Housing Units Renter Occupied | 13,443 |
Hard Money Loan Volume | $134,084,853.00 |
Rental Property Loan Volume | $164,924,369.19 |
Bridge Loan Volume | $46,929,698.55 |
Fix & Flip Loan Volume | $101,904,488.28 |