HARD MONEY GROUND UP FUNDING PROGRAM:
• Build to Sell or Build to Rent
• Up To 100% of all Vertical Cost
• Up to 50% of Land Cost (Possibly Higher on a Case-by-Case Basis)
• Max Funding: 70% ARV (After Repair Value)
• Rates: Starting At 7.99% Interest only - Per 12 Month Fixed Term
• 12 Month Interest Only w/ No Prepayment Penalty• 600 Minimum Credit Score Required
• Single Family: $100,000 - $5,000,000
• Muti-Family: $250,000 - $25,000,000
• Heavy / Large Builds OK• Rate & Leverage; Depends On Your Experience
• No Interest Charged on Un-Drawn Funds
• Refinance & Hold w/ Our 30 Year Stated Loan Product - N.O.O. (Non-Owner occupied)
100% Wholesale Funding• This program is for wholesaling only. This is not a fix-and-flip program and there is no rehab funding available. You are either assigning the
contract before closing or doing a double-closing. • This program is for experienced wholesalers only. You must have a strong track record of wholesaling with at least ten wholesale deals
successfully completed.• 100% financing is available for customers with whom we have a prior business relationship. For new customers, we would start lower and
build up to that.
Two Programs: Loan or JV
• We lend 100% of the purchase price at 12%and three points.
• The points are paid on the back end when theloan is paid off.
• Term of loan is ten days with an option to
renew for a cost of one point.
• Minimum credit score of 680 is required
• Borrower pays all closing costs.
JV • We fund 100% of the purchase price plus all closing
costs.
• The contract is in our name.
• When the contract is assigned or the property is sold,the profit is shared 50/50.
• No minimum required credit score.
Loan
Additional Details: Appraisals are not required for either program.
If you are attending auctions, we can provide cashiers’ checks.
LINE OF CREDIT PROGRAM:
• Fix & Flip, New Construction, Tear Down & Rebuild or Bridge Purchase
• Lines 250k - 5 Million USD
• Up To 90% of Costs
• 70% ARV (After Repair Value)
• Rates: Starting @ 7.99% - Base Rate On All Transactions
• 1 Year Term - No Prepay(s) - Optional Renewals
• Transact On Multiple Deals At One Time - No Limit• 660 Minimum Credit Requirement To Participate
• Covers 100% Funding of All Vertical New Construction Costs
SHORT TERM BRIDGE FUNDING
PURCHASE & REHAB:
• Fix and Flip or Rehab to Rent• Up To 90% of Cost (100% of all Renovations)• Loan Max = 70% of the After Repaired Value
• Rates: Starting @ 7.99% I/O Per 12 Month Fixed Term• 12 Month Interest Only w/ No Prepayment Penalty
• 600 Minimum Credit Score Required• Loan Amounts: $100,000 - $25,000,000
• Heavy / Large Renovations OK• Rate & Leverage; Depend On Your Experience
• No Interest Charged on Un-drawn Rehab Funds
• Refinance & Hold w/ Our 30 Year Stated Loan Product - N.O.O.
Commercial Real Estate LoansFor Bridge, Hard money, Construction, Bank take out, Fix & flip, Fix & rent Purchase and refinance, DIP (Debtor in possession) Partner buyout, distressed assets, NO documentation to FULL documentation.
Required Documents: Commercial Real Estate Loans
1003 application2 months bank statements minimum
Profit and lossLeases
Rent rollUse of funds - scope of work
Loan requestResume
Credit of all borrowers when was property bought, Price, and any improvements made.
GET IN TOUCH!
F5Financialinc.com
F5 Financial Inc.
James ButlerCEO
Toll Free 844.484.5626