Loan amount
$250K-$750K
Loan-to-value (LTV)
90%
Required credit score
550
Required deal experience
3 deals
Rates
1% per month for 6 months.
Fees
Origination fee: 3% added into the note amount.
Address
Wellesley Hills, MA 02481
About
We have a limited lending area around the Boston area and Route 128. Our typical customer is a developer who has identified a property in need of an upgrade or repair to create added value, and needs funds to complete the purchase of the property. Developers only. 1-3 family homes only. We do not refinance private homes. We must be primary lender. We do not do second mortgages. House must be unoccupied.
States
Massachusetts