3 Finance Programs Available:
1. 35% Down 3 year balloon @12% interest, 30 year amortization, 2 points, No Prepayment penalty. Loan amount: $60,000 or higher
2. 50% Down, 3-5 year balloon @ 10% interest, 20 year amortization, No prepayment penalty after 6 months. Loan amount $80,000 or higher.
** You can combine 2 like properties to get your minimum for these 2 programs.
3. 30% Down, 30 year fixed, @ 5%. interest. $100,000 minimum loan. Standard bank loan, no combining to make minimum.
You will need the following to apply for this financing: *Application and Credit Report, if you don't have a credit report it will cost $30.00 to order a new one. Property info: Pro-forma, Contract, & CM.
We also have found a re-fi program!!! I will send it out as soon as I have all of the details...