Renovations are hard work. Finding the right financing solution should be simple and quick. In as little as nine days, you can obtain up to $5 million in funding for your investment acquisition.
ARV loan program is designed for independent real estate investors finding it tough to qualify. based on the properties as repaired value (ARV). The best short term interest only solution for acquiring and improving property value for a fix and flip investors.
Allows borrowers to finance improvements
Interest only one year term provides lower monthly payments
Higher LTV than hard money lenders available for investor properties: single family residence (SFR) condo's (< 5 floors) and 2-4 units.
Home Improvement or cash out up to 100% CLTV available and Credit Scores as low as 640 - Home Equity Made Easy!
- 720 FICO/Credit Score up to 100% Combined-Loan-to-Value (CLTV)
- 680 FICO Credit Score up to 90% Combined-Loan-to-Value
- 43% DTI – OK to use Proceeds to Pay off debt to Qualify
- $175K Line Amount or lower Requires a Drive-by Appraisal Only
- Ok to use Existing Appraisal up to 12 Months old
- No Pre-Payment Penalty
Available in the Following States:
Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii, Illinois, indiana, Mississippi, Missouri, Nevada, New Jersey, New Mexico, North Carolina, Oregon, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington.