As economic indicators continue to improve, our loan terms are becoming more favorable. This is good news for our fix and flip borrowers as well as our buy and hold partners as our long term rental program gains steam as well.
Below are specifics for our single and multi-family renovation loan programs:
- LTC up to 85% of a loan’s cost (to include 100% of the rehab)
- LTV up to 75% of the project’s ARV or after repair value
- Loans between $75K and $3M with durations between 6 and 24 months
- Credit Score 650+
- Three months of loan payments brought to closing
- Multi-family properties up to 20 units are fundable
We are doing everything we can to fund deals that will go the distance. As always, we are committed to the financial success of each and every borrower.
Do you have a deal you’d like to discuss with us? Reach out at 443.603.0193 or email at info@gonavcap.com.