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Platinum
Platinum Partners must have completed at least two Fix and Flips in the past two years "MUST have settled in business name." Property must be NON-owner-occupied Must be in business name, 1 to 4 Units residential property.
Estimated Rates:
Loan to Cost
*All rates and scores can change without notice
FICO
720+ / 7.50% to 9.99% / LTC Max 90% to 100% Rehab
660-719 / 8.95% to 10.75% / LTC MAX 85%
640-660 / 9.95% 11.95% / LTC MAX 80%
2 to 4 Discount Pts. Based on Property
Fees: $1595 Appraisal Fee $550
Maximum Leverage
Loan to Value
LTV
Up to 90% to 100% of purchase price
70% of After Repair Value (ARV or LTC)
w/ holdback 100% rehab costs Financed
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