I’m glad to announce that we now have investor specific financing options in the residential income producing space…both long-term and short-term financing available, ranging from 1 to 20 units.
These products are tailor-made for real estate investors with income producing properties.
Finance of America Commercial, a division of Finance of America Mortgage LLC, provides individual and business exposure limits with individual FIX & FLIP rehab property loans, along with BRIDGE loans, NEW CONSTRUCTION loans, and SINGLE & PORTFOLIO RENTAL term loans to residential real estate investors across the country.
These offerings have helped clients overcome traditional financing hurdles and build long-term wealth through real estate investment.
These specific lending products and tools are designed with the real estate investor at the forefront – to help provide the personalized service investors need.
Income Producing Property/Portfolio Loans – 2 to 20 units
- 30-year term available
- Full amortization and interest only options
- Loans from $200K to $5M
- Funding up to 80% on purchases and rate/term refinances
Fix and Flip Loans
- Funding up to 95% of acquisition and rehab costs
- Max loan-to-value 75% based on ARV
- Interest accrual on drawn balance
- 12- and 18-month term options
Bridge Loans
- Individual property loans up to $3M
- Funding up to 80% LTC on multi-family
- Payoff other loans or lenders on completed flips or new builds
- Ideal for light rehab flips when self-funding cosmetic rehabs
New Construction Loans
- 12–18-month term for build ready lots in urban locations
- Funding up to 100% of construction budget and 80% LTC/65% LTV for multi-unit
- Funding up to 90%/75% LTV for experienced builders (conditions apply)
- Business purpose loan with no income requirements
Would you like to find out more? Contact me to discuss your current situation and how you might be able to take advantage of these fantastic financing options. It would be my pleasure to help you!
