80% LTV financing on Residential Fix and Flips Get Funded
44

True Equity Based Lending
We qualify the property , not the borrower

Up to 90% LTV for Rehab projects! [Purchase price (80%) + Rehab cost (10%) = 90%]
Non Rehab Projects up to 80% LTV

Fast Approvals Fast Closings!

Borrower Requirements:
-no minimum credit scores
– all applicants welcome to apply
-no income documents needed!!

Property Type:
-Residential Property:
-Investment Properties
-2nd Home
-Almost any non-owner occupied properties.

paul@fargo-lending.com

www fargo-lending.com

Loan Types : Real Estate Loans
Company : Fargo Lending
Phone Number : 8002698550
Email Address : paul@fargo-lending.com
Address (Street, City, State, Zip) : 15450 Ventura Bl Los Angeles CA 91403
Broker Co-Op : Yes
Loan Purpose : Purchase
Property Types : Residential (1-4 Units)
Min. $ Amount : $200,000
Max. $ Amount : $1,000,000
Max. Loan to After Repair Value : 80%
Max. Loan to Cost : 70%
Max. LTV : 80%
Starting Interest Rate : 6.125%
Maximum Interest Rate : 8.000%
Borrower/ Entity Type : Limited Liability Company, Corporation, Limited Partnership
Term : Less than 6-months, 6-months, 1-year
Rate Type : Fixed Rate
Minimum FICO : 540
Documentation : Full Documentation
Minimum Origination Fee : 1.00
Maximum Origination Fee : 2.00
Prepayment Pentalty : No
Environmental Report Required : No
Default Remedy : Recourse
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