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Rates & Terms
Rate: |
12%-18% |
Points: |
1-6 |
Term: |
6 months- 12 months, interest only |
Doc Prep: |
$395 |
Appraisal Fee: |
None, completed by Wasatch Credit |
LTV: |
Up to 70% of estimated after-repair value |
Borrowers Down Payment: |
10%-30%, depending on specific situation |
Construction Draw: |
If applicable: funds will be held by lender and released in draws |
Min Loan Amount: |
$50,000 in Oregon |
Max Loan Amount |
$1,500,000 |
Extension Period: |
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Additional Points (Prorated): |
1-6 |
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