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 | Plano, Texas |
Population | 287,677 |
Map Coordinates | 33.05°N 96.74°W |
Median Home Price | $361,000 |
Housing Units Owner Occupied | 60,058 |
Housing Units Renter Occupied | 47,663 |
Hard Money Loan Volume | $198,324,523.80 |
Rental Property Loan Volume | $243,939,164.27 |
Bridge Loan Volume | $69,413,583.33 |
Fix & Flip Loan Volume | $150,726,638.09 |