|Loan Program||30 Year Loan|
|Loan Amount||$75,000 – $500,000|
|Interest Rate||6.125% – 8%|
|Origination Fees||2% – 3%|
|Loan Term||30 years|
|Min Credit Score||650|
|Roll Points into Loan||No|
|3rd Party Servicing Fee||$15/mo|
|Draw Request Fee||N/A|
30 Year Private Hard Money Loans
Our Loan Program has been designed for those investors looking for a 30 year product to hold their investment properties long term. This loan program can be used to hold rental properties in an entity for better asset protection purposes, used to close quickly on a rental property that doesn’t need any work, when you can’t qualify for conventional loans for whatever reason, or don’t want to go through the full document qualification process of a obtaining a bank loan.
Many of our investors use our fix and flip loan product and then roll the loan into this program as a long term hold. Closing times average 2 weeks, credit scores from 650 and up and loan amounts from 75k to 500K. Our 30 year amortized loan is a great financing option for non-owner occupied properties.