Alternative Financing Options

If you’re an investor looking to expand your portfolio, it may be that you need to look for alternative financing options.

PERMANENT TERMS

From a Specialized Lender

We work with investors of all kinds, and one thing that comes up occasionally is alternative financing. If you're an investor looking to expand your portfolio, but who may have maxed your loan opportunities with traditional banks, a specialized lender can offer you alternative financing options. We work with a lender who can offer just such opportunities and we wanted to share with you some of the options available. 

 

Rates/Term Costs

COST Origination 2% of the loan amount
UNDERWRITING $1300
PROCESSING FEE $475
TAX CERT $67
SERVICING FEE $250
FLOOD CERT If deemed to be in a flood zone
APPRAISAL POC to AMC

FOR LOANS 50K & HIGHER

PURCHASE 80% LTV
R/T REFI 75% LTV
CASH OUT REFI 65% LTV
30 YEAR FIXED 7.25%
5 YEAR ARM 6.625%
3 YEAR ARM 6.375%

FOR LOANS $49,999 & LOWER

PURCHASE 75% LTV
R/T REFI 70% LTV
CASH OUT REFI 60% LTV
30 YEAR FIXED ONLY 8.625% ( For loans between $40k- $49,999)
30 YEAR FIXED ONLY 8.875% (For loans between $25k-$39,999)