Top Rehab and Construction Loan is a phone call away. What if I was to tell you that Valor Lending Group can get you up to 95% LTC on Fix and Flips and 85% LTC on a construction loan? Borrower can be a first time investor or full time real estate entrepreneur, Valor Lending Group can fund your new project. 12-to-24-month terms are available and rates to accommodate your loan scenario.
Rehab or Construction loans are a short-term real estate loan that helps first time or seasoned investors purchase, rehab or construct an investment property. Rates may vary depending on credit scores, experience, loan to cost, after rehab value, and reserve requirement. Always Interest only payments throughout the term of the loan.
What are the benefits of securing Top Rehab and Construction Loan from Valor Lending Group?
One of the major advantages of a renovation or construction loan is the lower down payment. Depending on your investor experience you can purchase the property with a very low downpayment. This lower down payment allows you to leverage your money and invest in more projects. This increases your buying power and mitigates loss of all your capital.
Major advantage of a Rehab or Construction loan is 100% of the project cost is included into the loan amount. No out of pocket cost for the cost to build! Most lenders accrue interest as drawn. If not all funds are used, the remaining funds can be reimbursed at the exit or end of the loan.
Top Rehab and Construction Loan Highlights
- Fix and Flip: Up to 85% LTC and 75% ARV
- Fix and Flip: 1-4 unit single family
- Fix and Flip: Terms up to 18 months
- Fix and Flip: No Income or Tax Returns
- Construction: Up to 85% LTC and 70% LTV
- Construction: Single family and multi-property
- Construction: Terms up to 18 months
- Construction: No Income or Tax Returns
Required documents for approval
- Application
- Valid Photo ID
- Credit Pulled By Valor Lending Group
- REO Schedule or Investor History. First time investors welcome!
- 2 Months Business or Personal Bank Account Statements
- Purchase Contact or Mortgage Statement
- Scope of Work
- Licensed, insured, and bonded General Contractor Needed
Call Adam Lawrenc today for all and every loan scenario 858-344-0323 or email at alawrence@valorlending.com
Check out more of what we offer. Check out Valor’s Mortgage News to learn more!
