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Single-Family Residence

Jonesboro, GA

Loan Amount / $162,400
Rate / 6.750%

Purpose / Acquisition
LTV / 80.0%

$162,400 Georgia DSCR Rental Loan for an Acquisition of a rental property in Jonesboro. This single-floor home is located in a suburban neighborhood that is less than a mile south of Interstate 75 and a quick drive to the town’s center. Upon acquisition, the property will be utilized as a long-term rental.

Fix and Flip

Pittsburgh, PA

Loan Amount / $229,500
LTC / 85%

Construction Funding / $59,500
LTV / 66%

Initial Funding / $170,000

Novice borrower completing a cosmetic rehab in Pittsburgh, PA with an exit strategy to sell.

Fix and Flip

Philadelphia, PA

Loan Amount / $356,000
LTC / 80%

Construction Funding / $60,000
LTV / 70%

Initial Funding / $296,000

Novice borrower completing a cosmetic rehab in Philadelphia, PA with an exit strategy to sell.

Fix and Flip

Springfield, PA

Loan Amount / $297,500
LTC / 85%

Construction Funding / $34,000
LTV / 70%

Initial Funding / $263,500

Novice borrower completing a cosmetic rehab in Springfield, PA with an exit strategy to sell.

Fix and Flip

Centennial, CO

Loan Amount / $245,000
LTC / 80%

Construction Funding / $16,066
LTV / 70%

Initial Funding / $228,934

Repeat borrower completing a cosmetic rehab in Centennial, CO with an exit strategy to sell.

Fix and Flip

Charlotte, NC

Loan Amount / $565,251
LTC / 85%

Construction Funding / $93,500
LTV / 70%

Initial Funding / $471,751

New borrower completing a cosmetic rehab in Charlotte, NC with an exit strategy to sell.

Fix and Flip

Newport News, VA

Loan Amount / $147,560
LTC / 85%

Construction Funding / $42,500q
LTV / 69%

Initial Funding / $105,060

Experienced borrower completing a cosmetic rehab in Newport News, VA with an exit strategy to sell.

Duplex

Lagrange, GA

Loan Amount / $185,250
Rate / 6.750%

Purpose / Cash-Out Refinance
LTV / 64.8%

$185,250 Georgia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Lagrange. This duplex is located in a medium-sized community southwest of Atlanta and features recent updates to the kitchen and bathrooms.

Single-Family Residence

Rehoboth Beach, DE

Loan Amount / $378,000
Rate / 7.000%

Purpose / Rate-Term Refinance
LTV / 63.2%

$378,000 Delaware DSCR Rental Loan for a Rate-Term Refinance of a rental property in Rehoboth Beach. Located less than a mile from the beach, the residence offers immediate access to a mix of relaxation, recreation, and cultural activities.

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