HomeInvestor Lines of Credit – Virginia

Investor Lines of Credit – Virginia

Exposure Line of Credit

We offer an exposure line with streamlined approval for the After-Repair Value Loan Program with guaranteed leverage and fixed rates. Typically these lines are available to investors with a portfolio of 10 or more flips per year.

Basic Loan Criteria

Term
12 Month Revolving Investment Periods

Exposure Limit
$1M – $10M

LTV

Up to 90% Loan-to-Cost;
Up to 80% of the As-Is Value;
Not to Exceed 75% of the ARV

Property Types
Non-owner occupied 1-4 Family Residential Real Estate; Condos; Townhomes; Multi-Families (5+); Mixed-Use Properties

FICO
660 minimum