Texas LTV funding

Soft Money Loan Term (1 - 30 years) Terms

LOAN GUIDELINES Loan Guidelines

(TERMS AND LOAN PROGRAMS FOR RESIDENTIAL LENDING

Loan To Value (LTV) :

Rehabbers Capital will lend up to 70% LTV (including repair costs) based on each property and its location.

Rehab:

Rehabbers Capital will lend construction dollars within the defined parameters of its LTV and loan agreement. Rehabbers Capital will attempt to make each transaction as simple as possible utilizing reasonable prudent business practices understanding the necessity for fund availability. Inspections will be required on each draw. Project completion is a pre-condition to the next draw. Draws are made in arrears.


Max loan term is 1 year.

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BASIC LOAN MATRIX

Geographic Area: Texas (austin,dallas,san antonio,houston) and the surrounding suburbs.
Property Type:

Residential (non-owner occupied),1-4 unit properties. We fund only Investment properties under LTV Funding,LLC

Loan Size: 60,000 Minimum-No Lending Limit/Cap (may go lower , will not loan on property worth less than 90k ARV
Loan Term: 1 year - 3 years
Interest Rate: 13.7 % for STD ARV loans
Loan Origination Fee: 2.5 points for 6 months and 3 points for 12
Loan to Value:

Up to 70% on residential rehab.

(varies by property and location) , up to 75% for larger properties or special arrangements

 


Standard Rehabbers Capital Fees Legal Review & Processing

$350.00

Legal Document Prep Fee

$200.00

Initial & Subsequent Inspection Fees

$150.00 Initial & Draws

Appraisal Fee

$400.00 (D/FW)

Latest News and Notes on Rehab Hard Money from LTV Funding, LLC

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