High LTV Hard Money Jumbo Loan

This hard money residential loan has a very high Loan-to-Value (LTV) ratio of 80%. Most hard money lenders max out at 65%, sometimes 70%. So, 80% is huge. It can be used as a Fix and Flip, Blanket loan, Bridge loan, Construction Loan and can also bail a borrower out of any housing event; short sale, foreclosure, bankruptcy, Notice of Default (NOD), Notice of Sale (NOS). Below you will see some underwriting highlights.

4506-T Not Required

Maximum LTV: 80%

Maximum Loan Amount: $3,000,000

  • Exceptions Made to $20,000,000

Purpose

  • Purchase
  • Refinance: Rate/Term and Cash Out
  • Blanket
  • Bridge
  • Fix and Flip

 Occupancy: Non-Owner Occupied Only

Available Terms

  • 12 Months
  • Interest-Only

Eligible Property Types

  • Single Family Residence (SFR) - Detached
  • Single Family Residence (SFR) - Attached
  • 1-4 Units
  • 2-4 Unit
  • Condos and Non-Warrantable Condos
  • Condotels to 65% LTV
  • Townhomes
  • Manufactured Homes
  • Mixed Use Properties

Unconventional Property Types

  • Dome Homes
  • Modern Style
  • Historical
  • Log Homes

 

States:

Arizona | Alabama | California | Colorado | Florida | Georgia | Illinois | Louisiana | Maine | Maryland | Mississippi | Nevada | North Carolina | Oregon | Pennsylvania | South Carolina | Texas | Virginia | Washington

Reference# - 55214