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Programs
Fix N Flip/Fix N Retain
Rate (APR)
8.5-11%
Points
No Points
Purchase LTV
75%-85% of Purchase Price
Rehab LTV
75%-85% of Rehab Cost
Experience
Prefered but not required
FICO Score
No minimum FICO Score
Property Type
SFR, Multifamily, Condo, Mixed use
Occupancy
Non-owner occupied only
Loan Size
$100k-$10m
Loan Cost
$1,900 plus Appraisal
Term
12 months
Extension
Available
Closing
3-7 days
Fees
No Application or Underwriting fees
Ground up construction
Rate (APR)
9-11.5%
Points
No Points
Purchase LTV
Up to 75% of Hard Cost (Purchase Plus Construction)
Rehab LTV
Experience
Required
FICO Score
600 Min Score
Property Type
SFR, Multifamily, Mixed use
Occupancy
Non-owner occupied only
Loan Size
$150k-$10m
Loan Cost
Depends on deal complexity
Term
12-18 months
Extension
Available
Closing
5-15 days
Fees
No Application or Underwriting fees
JV Deals
Hard Costs
We fund 100% of all hard costs
Soft costs
We fund 100% of soft costs
Profit share to investor
55% of Net Profit
Profit share for us
45% of Net Profit
Experience
Direct experience with at least 5 deals is required
FICO Score
No Min Score
Property Type
SFR, Multifamily, Condo, Mixed use
Occupancy
Non-owner occupied only
Loan Size
$250k-$10m
Loan Cost
No
Term
6-18 months
Extension
Not applicable
Are there any fee to borrower
Yes, there are small monthly fee for investors. Please give us a call for more details.
To Apply for JV, please fill out the following spreadsheet and email it to us loans@accolend.com