Loans in The Following States:
|NEW YORK||PENNSYLVANIA||CONNECTICUT||VIRGINIA & D.C.|
For fix and flip investors, quick access to financing is incredibly important. TMI & Partners, Ltd Partners fix, and flip loan program provides the funding that borrowers need to purchase and rehab a property, with the speed and flexibility you deserve.
The expedited underwriting process average closing time of 10 days, with a record of just 48 hours. While all deals are unique, the Partners will generally lend up to 80% of the purchase price and 100% of the rehab costs.
|Experience||Any||Credit Score Minimum||650||Interest Rate||9%-12%|
|Points||2-3||Advance Rate On Purchase||Up to 90%||Advance Rate On Rehab||100%|
|ARV||60%-65%||Property Types||Single Family, Multi Family, Mixed Use||Pre-Pay Penalty||No|
|Extensions||Available||Blanket Loans||Yes||Loan Size||$75K – $5M|
|Loan Terms||12 Mo.||FIRST: Please fill out Loan and Flip Hard Money Check List to speak with a Rep|