LandLord Loans

Our mini-perm loan was designed for the occupied and cash flowing property that is not quite ready for funding through a permanent or conventional lender. The loan term is 60 months (5 years) and can be paid off at any time without penalty.

Rates & Terms
Loan Amount 70% of Market Value
Origination Fee 3% of loan amount (payable at closing)
Interest Rate 9% interest rate
Amortization 20-year amortization
Pre-Payment Penalty None
Term 60 months (5-year) with a balloon
*Excluding title, insurance, legal, etc.
Qualifications & Requirements Lender Specific Closing Costs
620+ Credit Score $450 Processing Fee
3 Months Bank/Investment Statements $350 Administration Fee
Liquidity = 20% Loan Amount on No-Cashflow Assets $50 Wire/Courier Fee
Two Years Tax Returns
Completed PIL Loan Application

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