If you’re looking for a rehab loan, you have come to the right place. We help investors leverage their capital to acquire and rehab properties for investment purposes. Our rehab loans are designed for properties that cannot qualify for a traditional mortgage loan based on the current distressed condition of the property. We have an easy submission process, fast underwriting and quick closings, and is designed for investors with special circumstances and special needs. Using rehab hard money for short term financing is easy, fast and often times the only viable financing for distressed properties.

Rehab loans are a niche product provided by a select group of rehab lenders. These lenders generally are hard money lenders with a higher level of understanding of rehab projects than a typical lender.There are many different types of rehab loans, but they all essentially accomplish the same thing: modify an existing property so it is worth more remodeled than it was when it was purchased. These loans are for investment (non-owner occupied) properties only. Funds cannot be used to finance owner-occupied properties.

What you paid.  Don’t expect the rehab lender to lend hard money based on an as-fixed basis. Rehab loans will almost always be based on as-purchased price.  Why?  Because the private investor funding the rehab loans wants protection if you buy the property and do not make the improvements.

Upside Potential.  Although future value may not be used to consider the loan to value ratio, it is a large factor in what the lender will consider in terms of how risky the rehab loan is.

Extent of the Rehab. Projects that are riskier and require more substantial work will require lower loan to values.  Hard money is all about risk and reward.  A residential property that just needs carpet and paint is far less riskier than a vacant 15 unit apartment building in which all the units and the main property need a facelift.

Personal Financials.  The stronger your personal balance sheet, the more likely you are to obtain rehab loans.  Rehab lenders want strong borrowers. They want to make sure that you not only have the required funds for the down payment and your portion of the rehab costs, but also reserve funds for the holding costs and contingencies.

Prepay Penalties.  Private investors in rehab loans want to know they will make a certain return on their funds.  Under some programs, expect to commit to use the funds for a fixed period of time or pay an additional penalty. Most of our programs do not include pre-payment penalties.

Below you will find a summary of two of our most popular rehab loan programs. These two programs will satisfy the funding needs of most investors.