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 | Fort Lauderdale, Florida |
Population | 182,437 |
Map Coordinates | 26.14°N 80.14°W |
Median Home Price | $359,200 |
Housing Units Owner Occupied | 41,612 |
Housing Units Renter Occupied | 34,736 |
Hard Money Loan Volume | $125,772,067.80 |
Rental Property Loan Volume | $154,699,643.39 |
Bridge Loan Volume | $44,020,223.73 |
Fix & Flip Loan Volume | $95,586,771.53 |