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Posted: Tuesday, May 2, 2017 10:51 AM

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Private Mortgages
(Private Mortgages are not available for the purchase or refinance of a primary residence)

Blanket Mortgages
One loan on multiple investment properties
Up to $2.5MM (minimum $100k)
Term: 3 months to 12 months
No PPP
Rate: 1% per month
Underwriting fee and appraisal fee: TBD
10+ Days to close
LTV= 70% as is
Appraisal required
Available states: Nationwide

Real Estate Line of Credit
Great for acquisitions and rehabbing!!
Step 1: Lender makes loan for 65% of FMV
Step 2: Lender provides Line of Credit up to 35% of FMV
2nd Lien placed on additional property
Term: 2 months to 12 months
Rate: 1% per month
Underwriting fee and appraisal fee: TBD
10+ Days to close
Appraisal required
Available states: Nationwide

“80/80” Hard Money
Great for acquisitions & rehabbing
Loan Amount: up to 90% of price
80% LTV purchase or refi
80% of rehab cost
Up to $5MM
Term: 3 months to 12 months
Rate: 9%
Underwriting fee and appraisal fee: TBD
10-30 Days to close
Appraisal required
Available states: Nationwide

Hard Money
Great for acquisitions & rehabbing
Up to $10MM (minimum $100k)
Term: 3 months to 12 months
Rate: 9%
Underwriting fee and appraisal fee: TBD
10+ Days to close
LTV= Up to 90% of as is, rehab capital available on a case by case basis
Appraisal required
Available states: Nationwide

Bridge Loans
For Refinancing and rehabbing!
Up to $10MM (minimum $100k)
Term: 1 year to 5 years
Rate: 5.25%
Underwriting fee and appraisal fee: TBD
10+ Days to close
LTV= Up to 80% of as is, rehab capital available on a case by case basis
Appraisal required
Available states: Nationwide

Commercial Mortgages
Multi Unit- Office Building- Mixed Use- Hotels
Long Term Debt, Purchase or Refinancing
Up to $100MM+ (minimum $500k)
Term: 5-15 years
Rate: 3.25 - 8%
Underwriting fee and appraisal fee: TBD
30 days to close
LTV = 70%-89%
Appraisal required
Available states: Nationwide

Construction Loans
No Prepayment penalty
Interest Only
Permits & Utilities must be in place
No Land Acquisition
Loan amount: 70% of cost to build
30% Down payment
Rate and terms vary

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In order to give you the most accurate quote please be prepared to submit any pertinent documentation you may currently have (i.e,: Purchase Contract, Mortgage Statement, Tax Statement, Insurance Policy, Comparables, Rehab Breakdown, Working Capital Loan, Use of Proceeds, ect…).

(o) 253.239.4112
(c) 206.251.1749
rosencranspropertysolutions@gmail.com
http://www.rosencranspropertysolutions.com

• Location: Nationwide, Seattle

• Post ID: 41945393 seattle
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