Contact Us
Phone: (732) 359-7800
Fax: (732) 907-1913
Email: [email protected]
Location
1330 Laurel Ave., Suite 101
Sea Girt, NJ 08750
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Our fix and flip (bridge) loans provide new and experienced investors with a quick, easy, and reliable method of funding for their fix and flip projects. We work with investors throughout the purchase and rehabilitation process, helping them analyze investment opportunities and ensuring fast approval and disbursement of funds. Our in-house underwriting and processing team work alongside our experienced loan officers to ensure the purchase process goes smoothly and your deal closes quickly.
Many of our borrowers employ the “BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method” of real estate investing, using our bridge financing program in conjunction with our DSCR rental program. Our bridge loans provide financing for the purchase and rehab and our DSCR program offers great 30-year terms when refinancing a newly renovated property into a passive income-producing rental property.
| GUIDELINES | |
|---|---|
| PROPERTY TYPE | Single Family, Condos, 2-4 Units, Multifamily (5+ Units), Mixed-Use |
| LOAN TYPE | Purchase, Refinance, Cash-Out, Renovation, Bridge, Ground-Up Construction |
| EXPERIENCE | No Experience Required |
| CREDIT SCORE | 620+ |
| LOAN AMOUNT | $100,000 Minimum |
| LOAN TERM | 12 - 24 Months, Interest Only, No Prepayment Penalty |
| LEVERAGE GUIDELINES | PURCHASE PRICE LTV | RENOVATION COSTS LTV | LOAN TO ARV |
|---|---|---|---|
| FIX & FLIP - LIGHT REHAB | ≤ 85% | ≤ 100% | ≤ 70% |
| FIX & FLIP - HEAVY REHAB | ≤ 80% | ≤ 100% | ≤ 65% |
Phone: (732) 359-7800
Fax: (732) 907-1913
Email: [email protected]
1330 Laurel Ave., Suite 101
Sea Girt, NJ 08750