(240) 474-9774
NEW CONSTRUCTION LOAN PROGRAM*
QUALIFICATION
• 680 Minimum FICO Score
• 6 Months of Cash Reserves
• No Derogatory Public Records in the Past 2 Years
LOAN TERMS
• $100,000 Minimum Property ARV
• Term - 12,18 or 24 Month
• Starting Rate 10.24% (Short-Term)
REQUIRED DOCUMENTATION
• Loan Application
• 1 Months of Bank Statements
• Corporate Documents
FEES
• $25 Credit Check
• Cost of an Appraisal
• Points at Closing
• $995 Legal Fee at Closing
MAX LEVERAGE
• Max loan amount up to 75% of the ARV or 90% LTC
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ELIGIBLE PROPERTIES
• 1-4 Family
• Condos
• Townhomes
• Planned Unit Development (PUD) (Long Term Only)
• Multi-Family Apt
Pricing
Quick Close
Close in 2 to 3 weeks or in as little as 10 days on repeat business.
Easy
Low documentation and simple application process.
Transparent
All fees and payments clearly disclosed
* This is not a commitment to lend. All offers of credit are subject to approval. Restrictions may apply. Smart Real Estate Solution reserves the right to amend rates and guidelines. The above statements are not and shall not, under any circumstances, be construed as a commitment on the part of Smart Real Estate Solution to provide any financing. SMART REAL ESTATE SOLUTION SHALL BE UNDER NO OBLIGATION TO FUND ANY LOAN TO ANY BORROWER UNLESS AND UNTIL IT IS SATISFIED, IN ITS SOLE AND ABSOLUTE DISCRETION, WITH ITS DUE DILIGENCE REVIEW AND FORMAL LOAN DOCUMENTS PREPARED BY ITS COUNSEL.
We are experienced real estate investors in , and specialize in off-market properties.