Fix and Flip Rehab Lending
- Loans up to 70% ARV
- Up to 85% loan to cost (meaning average 15% down required)
- Rate from 12%
- $100,000 minimum loan size (1st lien position only)
- Fees from 2-4%
- Terms up to 12 months
- Less than 3 deals completed or lower score subject to lower LTV and more cash to closing, depending on risk of the loan
- New Construction Loans (case by case)
Other Loan Product
Rental Property Lending
Additional docs may be required, case by case
Terms:
- 30 year fixed options available
- Rates vary
- DSCR down to 1.0
- No PPP options available
Documentation Required:
- Application, Executed Contract
- Last 2 Bank / Savings Statements
- Appraisal by Nashville Private Lending approved appraiser (borrower is responsible for payment)
- All Business Entity Docs