First, click this link and sign up for a free 15-minute consultation. Then, you'll need to fill out your information in our portal. Once we gather all your documents, we can start working on finding the best loan option for you.

The approval process can take anywhere from a few days to several weeks, depending on the complexity of your financial situation and the specific loan product you choose.

You will need to provide proof of income, employment history, credit history, and personal identification. Additional documents may be required depending on the loan product.

We have access to more than 50 loan products. This wide range ensures that we can find the best loan to fit your specific needs.

*Scores 499 and lower are on exception basis.

Yes, you can apply for a mortgage without looking into your credit or income documents. We offer certain loan products that don't require traditional credit checks or income verification.

Yes, self-employed individuals can get a mortgage. Depending on the loan product, the documents requested would need fit the loan programs guidelines.

Most common self employed documents would be 12 months banks statements (Personal or buisness) or 12-24 month profit and loss statement.

These are two common ways to verify your income.

Yes, you can still get a loan. We offer specialized loan products for those without a Social Security number.

We go as low as 500. We understand that everyone's financial situation is different, and we strive to offer flexible options for all credit profiles.

Yes, we offer loans for building your own home with as low as 5% down on conventional loans and zero down on VA loans. Both options allow you to purchase the land and finance the total cost of the build for 1-4 units.

Yes, we finance 90% of the acquisition cost and 100% of the rehab budget.

Scenario:

You’ve found a distressed property in a desirable neighborhood listed for $500,000. You estimate that after renovations, the property will be worth $800,000. The renovation costs are estimated at $100,000.

Loan Details:

• Purchase Price: $500,000
• Renovation Costs: $100,000
• After Repair Value (ARV): $800,000
• Loan Amount: 90% of the purchase price + 100% of renovation costs

Loan Calculation:

• Acquisition Loan (90% of Purchase Price): $450,000
• Renovation Loan (100% of Renovation Costs): $100,000
• Total Loan Amount: $550,000

Your Investment:

• Down Payment (10% of Purchase Price): $50,000
• Closing Costs (2.5% - 3.5% of Loan Amount, depending on credit score and experience): $13,750 - $19,250
• Total Out-of-Pocket Expenses: $63,750 - $69,250

Process:

1. Loan Approval: You apply for a fix and flip loan and get approved for $550,000 based on the ARV and your renovation plan.
2. Purchase Property: You purchase the property using $450,000 from the loan and $50,000 as your down payment.
3. Renovation: You start renovations using the $100,000 renovation loan.
4. Completion: Once renovations are complete, the property's value is now $800,000.
5. Sell or Refinance: You can choose to sell the property for a profit or refinance it to hold as a rental property.

Profit Calculation:

• Sale Price: $800,000
• Total Loan Amount: $550,000
• Your Investment: $63,750 - $69,250 (including closing costs)
• Other Costs (e.g., holding costs, additional fees): Assume $20,000

Net Profit:

• Total Costs: $550,000 (loan) + $63,750 - $69,250 (investment) + $20,000 (other costs) = $633,750 - $639,250
• Sale Price: $800,000
• Net Profit: $800,000 - $633,750 - $639,250 = $160,750 - $166,250

This example shows how a fix and flip loan can be used to purchase, renovate, and sell a property for a significant profit. Always ensure you have a solid renovation plan and accurate cost estimates to maximize your profit and minimize risks.