| SIZE |
Loan Size
|
$100,000 - $750,000, call for larger
|
Max LTC
|
80%/100%/100% for purchase, closing costs, and work, respectively
|
| STRUCTURE AND COSTS |
| Points |
2% |
| Interest Rate |
5.99% for repeat client (repaid 1+ loan)
8.99% for new client
|
Pay Rate
|
0.00% (no monthly payments)
|
| Term |
8 Months + 4 month extension |
| Other |
Borrower pays all lender costs. Terms may differ in TN. |
