Fixer/Flipper Loans

 

     Up to $250,000 CA

 

              TERMS

·   7.95%  Interest only

·  Origination fee 4% 

           (min. $5,500)

·  Appraisal & Docs $1,500

·  Term 5-Months + Extensions

·  10-Day Close

·  No Pre-Payment penalties

·  80% Loan to costs

      (Not to exceed 50% LTV)