FixAndFlip
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Long-Term Loan Icon
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5/1 ARM

AS LOW AS 7.50%

PREPAYMENT PREMIUM:
3% - 2% - 1% STEP-DOWN

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7/1 ARM

AS LOW AS 7.75%

PREPAYMENT PREMIUM:
4% - 3% - 2% - 1% STEP-DOWN

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10/1 ARM

AS LOW AS 8.00%

PREPAYMENT PREMIUM:
5% - 4% - 3% - 2% - 1% STEP-DOWN

Long Term Loans Features

WHAT MAKES THIS A GREAT PROGRAM?

  • Portfolio or single-asset loans
  • 30-year amortized loans with fixed initial interest-only payment period
  • Reasonable underwriting on cash flow requirements
  • Min. FICO: 600
  • Up to 80% LTV (Purchase, Rate and Term Refinance, Cash-Out, Refinance)
  • Stabilized rental properties (leased or soon-to-be leased)
  • No DTI requirements for borrower