We have funding for you. We have just teamed up with a national direct lender that offers rehab funding in 37 states. (sorry were not yet in Kansas.)
Please take a look at how thier program works:
- For Real Estate Investors
- No payments for 6 months
- 85% - 100% of project costs
- Lend up to 75% of After-Repair Value
- Two-week closings
- No prepayment penalty
- Fast rehab funds
- Proof of funds letters
- Direct National Lender
- Exceptional Customer Service
- Lending in 37 States (no currently in KS)
- 1-4 Unit residential properties
- Non-Owner Occupied
Whether you are a novice or an experienced rehabber, we have a loan program to fit your business goals!
Lend only to corporate entity - not in personal name.
So what are the requriements:
- Minimum of 630 credit score
- Minimum $20,000 in liquid assets
- Loan Application
- Two years Tax Returns (Personal and Business)
- Three months Bank Statements (Personal and Business)
- Entity documents (EIN# Certificate, Articles of Organization / Operating Agreement)
No cost to pre-qualify - give us a call at 816-523-4400 for more information.
Once you are pre-qualified the underwriter will want your financial information and a $395 application fee. Once fully approved and set up in the system - you will receive your proof of funds letter and you are ready to start making offers. No additional application in the next year.
Offering two week closes, direct wire rehab draws, rehab, sell for profit or refinance, do it again.
We have several programs based on 630 credit score and above. For more experienced borrowers we may be able to work with lower credit or less cash reserves. Just depends on the borrower and the deal.
Lending 85% to 100% of the total funds needed for purchase and rehab of a project up to 75% of after repaired value.
See our web site at www.TuckerOneProperties.com and click on rehab funding. While you are there fill out a pre-qualification form online. There is absolutely no costs to see if you can should be able to qualify. What do you have to loose? And you could gain a new lender.
All inquries are totally confidential.
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