(240) 474-9774
GAP Funding
GAP Funding for Down Payment, Closing Costs, Interest Payments, and General Working Capital
Fix and Flip
• Starting Rate 9.49%
• Property Type: Non-Owner Occupied Single Family Residential (1-4 Units) Condos; Townhomes; Multi-Family (5+); Mixed-Use
• Loan from 30k- 2M (SFH;TW; Condos)
• Loan from $250k – $3M for Multi-Family (5+);Mixed-Use
• Purchase: Up to 90% of Purchase Price + 100% of Renovation Costs; Not to Exceed 75% of the ARV
• Term 12-24 months
• No Minimum FICO Score (SFH only up to FHA cap )
Refi Cash-out
• Long-Term Rental Starting 5.50%
• Refinance: Up to 80% of the As-Is Value (Min Fico 680)
• Cash-Out: Up to 75% of the As-Is Value (Min Fico 680)
• Short Term Commercial Starting at 10.25%
• Refinance:
Up to 70% of the As-Is Value (Min Fico 680)
• Cash-Out: Up to 65% of the As-Is Value (Min Fico 680)
• Long Term Commercial Starting at 10.99%
• Refinance:
Up to 70% of the As-Is Value (Min Fico 700)
• Cash-Out: Up to 65% of the As-Is Value (Min Fico 700)
* 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.