Athas Capital Group’s genesis was driven by the belief that there was an undeserved Non-Prime market. Founded in 2008 with nearly 50 years of experience in all facets of real estate lending, the market was in need of a lender who understood the complexity of serving borrowers deserving of credit but did not fit the conventional lending box. Our flexible products offer financial solutions to meet these challenges, with options for both owner occupied and non-owner occupied residential properties in 21 states…and growing. Athas Capital Group also offers financing for income-producing commercial properties, including multi-family, mixed-use, office and retail buildings.
Fix and Flip
Sometimes a great opportunity comes up in the market. Our Fix and Flip loan allows borrowers to purchase a distressed property or refinance an incomplete property without the need for draws and escrow accounts.
- No Income Proof Needed
- LTV’s up to 75%
- 12-month term available case by case
- No Prepayment Penalties
- Loan amounts up to $2,000,000.
- Flipper must show ability to complete rehab.
- FICO’s down to 500 – OK