Need an Emergency Loan?
Lenders I work with are making loans for homeowners in foreclosure or default.
Bail Out Loans
They are very effective in assisting homeowners in foreclosure or Default in restoring their loan Situation.
65% L.T.V Cash out with Default or Foreclosure
Our Specialty loans
- Bailout loan 65% L.T.V
- 2nd T.D. For Business Purpose up to 65% C.L.T.V
- Land Loans up to 70%
- Purchase Fix and Flip 90% with 100% Rehab.
- 1 Day in the Investment business no problem 80% L.T.V. Purchase.
- 1 Day on Title 70% L.T.V Refinance N/O/O
Gap loans are generally high interest, last option loans that may cost 12% + APR and more than likely will cost a chunk of your profit on the back end. Many lenders will ask for up to 50% of your profits.
Most lenders won’t gap behind another lenders loan. If you lack the funds for a down-payment but your deal has a lot of current or potential equity, you may persuade them to go up to 75% of the ARV or after repaired value. This would include funds for acquisition, rehab and holding costs such as interest payments, etc.
Gap loans can also be self-generated by way of unsecured credit lines, business credit lines or term loans.
Also EMD funding is available to assist in certain situations.
They provide capital based on an average of $10k monthly deposit and 6 months in the business. They can fund in as little as 5 days.
Residential, Multi-Family, Commercial, Specialty Properties and Land
Large or small, condo or townhouse, house or Mansion.