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A GA Residential Mortgage Licensee
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We loan only to rehabbers
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All mortgages are for a 1 year term
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Payments are monthly and are interest only
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There is no prepayment penalty
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Very low closing costs
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Most loans close in 1 week
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Minimal documentation required
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Up to 100% financing for purchase and repairs or upto 65% of After Repair Value (ARV)
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Repair funds go into an escrow account and paid to the rehabber on a reimbursement basis
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Rehabbers are not allowed to live in the property
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