We offer the following loan products:
Fix and Flip - for investors who want to purchase, renovate and resell or refinance a property within 12 months. A value-add component and rehab budget are required. Minimum loan amount is $100,000 and minimum as-is value is $100,000.
Rent - perfect for investors who want to buy or refinance a stabilized (no rehab) property. This is a 30 year fixed loan with rates starting in the 6s. Minimum loan amount is $150,000 and minimum FICO is 660
Ground up - perfect for experienced investors who want to do new construction. Term up to 18 months Minimum loan amount is $100,000
Commercial Real Estate - This program is currently paused. We apologise for any inconvenience. Please check back for updates on program availability. When active, this is a short-term loan for experienced investors acquiring, rehabbing, or refinancing commercial properties such as multifamily, mixed-use, office, and industrial. Loan amounts from $1.5M to $15M with terms between 12–24 months. Minimum FICO is 680 and borrower must have at least 2 years experience with 5 completed projects.
Learn more here: https://newsilver.com/hard-money-loans-fix-and-flip/