LOAN PURPOSE | Rehabilitation loan for residential rental property |
INTEREST RATE[4] | As low as 8.99% |
LOAN AMOUNT | $300K - $10MM |
LOAN TERM | 6 to 18 months |
BORROWER | Individual or group |
EXPEREINCE | No experience needed |
MAX LOAN-TO-VALUE (LTV)[4] | 70 to 75% after repair value[8] |
MAX LOAN-TO-COST (LTC)[5] | Standard rehab 95%[16] or extensive rehab 85%[8] |
LTV VS. LTC | We use the best calculation for your project |
CONSTRUCTION FINANCING | Up to 100% of rehab costs |
PROPERTY TYPE |
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City, State | Madison, Wisconsin |
Population | 259,680 |
Map Coordinates | 43.08°N 89.42°W |
Median Home Price | $275,900 |
Housing Units Owner Occupied | 52,400 |
Housing Units Renter Occupied | 61,696 |
Hard Money Loan Volume | $179,023,392.00 |
Rental Property Loan Volume | $220,198,772.16 |
Bridge Loan Volume | $62,658,187.20 |
Fix & Flip Loan Volume | $136,057,777.92 |