Loan Program
Loan Program
- 9.5% – 12% interest only
- Amortization option available
- 1 to 3 points origination
- First Lien Only
- 1 year term
- 2 year term available
- Up to 90% of purchase price
- Up to 100% of rehab
- Total Loan amount not to exceed 75% ARV
- Appraisal must be ordered by West Forest Capital
- 600 FICO (can be below on an exception basis)
- Appraisal (to be ordered by West Forest Capital)
- Lender title insurance
- Insurance policy (West Forest Capital should be loss payee and additional insured)
- Builder’s risk insurance on extensive rehab projects
