LOAN PURPOSE |
|
INTEREST RATE[1] | Rates as low as 8.99% |
LOAN AMOUNT | $300K-$10MM[12] |
LOAN TERM | 12 to 18-month options available |
BORROWER TYPE | Individual or group |
EXPEREINCE | First-time buyers welcome |
REFINANCE MAXIMUM LEVERAGE LOAN –TO-VALUE[4] AND LOAN-TO-COST[5] |
Up to 75% |
PURCHASE MAXIMUM LEVERAGE | Up to 80% |
COST BASIS | Purchases and refinances owned more than 180 days |
REHAB ALLOWANCE | Up to 25% (cosmetic only) |
PROPERTY TYPE |
|
City, State | Grand Prairie, Texas |
Population | 194,543 |
Map Coordinates | 32.68°N 97.02°W |
Median Home Price | $208,200 |
Housing Units Owner Occupied | 37,182 |
Housing Units Renter Occupied | 24,848 |
Hard Money Loan Volume | $134,117,944.20 |
Rental Property Loan Volume | $164,965,071.37 |
Bridge Loan Volume | $46,941,280.47 |
Fix & Flip Loan Volume | $101,929,637.59 |