Rates & Terms

Our typical "Funding To Value" (FTV) ratio for a property is 70 to 75% of the "After Repaired Value" (ARV). The following can be included in that amount:

• Purchase price of the property
• Repairs being funded, if any
• Purchase costs (i.e. title charges, insurance, attorney fees, trust fees)

The total of these items cannot exceed 70 to 75% of the ARV. If we are not funding the repairs we will only fund the purchase price plus costs. There is NO cash out on any transaction. You receive your profit on the sale or refinance of the property.

Interest Rates and Term

Interest rates are a minimum of 12% and are based on the investors profile.  Payments are "interest only" and are due monthly. The first payment is due between thirty and fifty-nine days after closing. Many of our clients have bought, rehabbed and sold a property before their first payment is due. Our typical funding term is 6 months with extensions up to 12 months.  Extended terms are available on a case by case basis.

Funding Fee

Our funding fee is based on the amount funded and a the investors profile.  Funding fees are a minimum of 5% of the amount funded.  Funding fees can be added to the funding total and are paid when you sell or refinance  property.

Inspections & Draws

When we fund the repairs of a property an inspection will be needed before funds can be drawn. Draws are based on a work/draw schedule that you have submitted before funding. Once the work is completed per schedule an inspection is done to ensure that the work is completed in a professional manner.  Funds are available for release within 24 hours after an approved inspection. 

Normally there are 3 draws for a typical single family home. The quantity of draws is determined by the size and complexity of the project. Our concern is that a project moves along in a timely manner and the quantity of draws needed to make that happen will be determined with you at the onset of the project.

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