Loan Program

We provide hard money loans to purchase and renovate non-owner occupied single family homes in the Atlanta Georgia area.

We can finance 100% of your deal including purchase and rehab costs up to 65% of the after repaired value.

Geographic Area Atlanta, Georgia and surrounding counties
Property Type Residential non-owner occupied single family homes1
Loan Size $30,000 – $250,000
Loan Term 6 months2
Prepayment Penalty None
Lien Position First lien only

Loan Pricing Matrix3

Credit (low score) < 600 600 to 649 650 to 700 700+
Loan to Value4 60% ARV 65% ARV 65% ARV 65%
Interest Rate 18% 15% 15% 15%

Loan Origination Fee              (min $4,000)5, 6

 6 points 5 points 5 points 5 points
Down Payment7, 8
 20% 15% 10% 5%


Notes:

  1. Higher loans are available on a case by case basis
  2. The loan term can be extended up to 12 months on a case by case basis (additional fees apply)
  3. Rates and terms subject to change without notice
  4. Loan to Value (LTV) based on the After Repaired Value (ARV)
  5. Loan origination fee: 5 points = 5% of the loan amount
  6. Minimum loan origination fee = $4,000 or 5 points, whichever is greater
  7. Based on total purchase, repair/improvement, and closing costs up to max LTV, minimum downpayment = $5,000
  8. Out of state investors min down payment = 15%  (min $8,000)
  9. Corps/LLC min downpayment = 20% (min $10,000)

Please note that we do not fund loans on owner-occupied properties