|
Loan Amount:
|
$1,026,000
|
City:
|
Long Beach | |
|
LTV:
|
79% ARV |
County:
|
Los Angeles, CA | |
|
ARV:
|
$1,300,000 |
|
||
|
Purchase Price:
|
$1,075,000 | |||
|
Term:
|
6 Months | |||
|
Rate:
|
8.99%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$60,000
|
|||
|
Rehab Fix & Flip | |||
|
Loan Amount:
|
$323,000
|
City:
|
Chula Vista | |
|
LTV:
|
71% ARV |
County:
|
San Diego, CA | |
|
ARV:
|
$458,000 |
|
||
|
Purchase Price:
|
$315,000 | |||
|
Term:
|
6 Months | |||
|
Rate:
|
10.99%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$43,000
|
|||
|
Rehab Fix & Flip | |||
|
Loan Amount:
|
$968,000
|
City:
|
Walnut Creek | |
|
LTV:
|
69% ARV |
County:
|
Contra Costa, CA | |
|
ARV:
|
$1,400,000 |
|
||
|
Purchase Price:
|
$942,000 | |||
|
Term:
|
6 Months | |||
|
Rate:
|
10.99%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$137,000
|
|||
|
Rehab Fix & Flip | |||
|
Loan Amount:
|
$653,000
|
City:
|
Newport Beach | |
|
LTV:
|
75% ARV |
County:
|
Orange, CA | |
|
ARV:
|
$870,000 |
|
||
|
Purchase Price:
|
$697,000 | |||
|
Term:
|
6 Months | |||
|
Rate:
|
10.99%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$56,000
|
|||
|
Rehab Fix & Flip | |||
|
Loan Amount:
|
$920,000
|
City:
|
Oakland | |
|
LTV:
|
65% ARV |
County:
|
Alameda , CA | |
|
ARV:
|
$1,405,000 |
|
||
|
Refinance:
|
$380,000 | |||
|
Term:
|
9 Months | |||
|
Rate:
|
11.99%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
Rehab Draws
|
|||
|
The borrower plans on adding SQFT, and remolding
100% of the home. After completion it will be a beautiful 2,400 SQFT home with a mother-in-law suite. |
|||
|
Loan Amount:
|
$1,085,000
|
City:
|
Seal Beach | |
|
LTV:
|
69% ARV |
County:
|
Orange, CA | |
|
ARV:
|
$1,575,000 |
|
||
|
Purchase Price:
|
$1,180,000 | |||
|
Term:
|
6 Months | |||
|
Rate:
|
10.99%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$100,000
|
|||
|
Rehab Fix & Flip | |||
|
Loan Amount:
|
$315,000
|
City:
|
Altadena | |
|
LTV:
|
68% ARV |
County:
|
Los Angeles, CA | |
|
ARV:
|
$460,000 |
|
||
|
Refinance:
|
$248,000 | |||
|
Term:
|
6 Months | |||
|
Rate:
|
11.99%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
No Fund Control
|
|||
|
Rehab Fix & Flip | |||
|
Loan Amount:
|
$1,670,000
|
City:
|
Laguna Beach | |
|
LTV:
|
73% ARV |
County:
|
Orange, CA | |
|
ARV:
|
$2,300,000 |
|
||
|
Purchase Price:
|
$1,775,000 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
11.49%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$150,000
|
|||
|
Rehab Fix & Flip | |||
|
This loan example covers 125% of the purchase price.
|
||||
|
Loan Amount:
|
$699,000
|
City:
|
Temecula | |
|
LTV:
|
54% ARV |
County:
|
Riverside, CA | |
|
ARV:
|
$1,300,000 |
|
||
|
Purchase Price:
|
$561,000 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.00%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$80,000
|
|||
|
Rehab Fix & Flip | |||
|
This loan example covers 106% of the purchase price.
|
||||
|
Loan Amount:
|
$330,000
|
City:
|
Los Angeles | |
|
LTV:
|
60% ARV |
County:
|
Los Angeles, CA | |
|
ARV:
|
$550,000 |
|
||
|
Purchase Price:
|
$310,000 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.00%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$75,000
|
|||
|
Rehab Fix & Flip | |||
|
This loan example covers 109% of the purchase price.
|
||||
|
Loan Amount:
|
$126,000
|
City:
|
Calimesa | |
|
LTV:
|
60% ARV |
County:
|
Riverside, CA | |
|
ARV:
|
$210,000 |
|
||
|
Purchase Price:
|
$115,000 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.00%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$51,000
|
|||
|
Rehab Fix & Flip | |||
|
Loan Amount:
|
$183,000
|
City:
|
Duarte | |
|
LTV:
|
60% ARV |
County:
|
Los Angeles, CA | |
|
ARV:
|
$305,000 |
|
||
|
Purchase Price:
|
$186,650 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.00%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$28,000
|
|||
|
Our borrower was able to use gap funding in the
amount of $28,000 as a 2nd loan to lower his down payment. Rehab Fix & Flip. |
|||
|
This loan example covers 109% of the purchase price.
|
||||
|
Loan Amount:
|
$370,000
|
City:
|
Sherman Oaks | |
|
LTV:
|
60% ARV |
County:
|
Los Angeles, CA | |
|
ARV:
|
$618,000 |
|
||
|
Purchase Price:
|
$339,000 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.00%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$120,000
|
|||
|
Room Addition / Rehab Fix & Flip | |||
|
Loan Amount:
|
$204,000
|
City:
|
Thousand Oaks | |
|
LTV:
|
60% ARV |
County:
|
Ventura, CA | |
|
ARV:
|
$340,000 |
|
||
|
Purchase Price:
|
$150,000 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.00%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$55,000
|
|||
|
Rehab Fix & Flip | |||
|
Loan Amount:
|
$189,000
|
City:
|
Castaic | |
|
LTV:
|
61% ARV |
County:
|
Los Angeles, CA | |
|
ARV:
|
$310,000 |
|
||
|
Purchase Price:
|
$175,000 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.50%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$37,000
|
|||
|
Rehab Fix & Flip | |||
|
Loan Amount:
|
$104,000
|
City:
|
Los Angeles | |
|
LTV:
|
50% ARV |
County:
|
Los Angeles, CA | |
|
ARV:
|
$210,000 |
|
||
|
Purchase Price:
|
$114,000 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
10.99%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$25,000
|
|||
|
Rehab Fix & Flip | |||
|
Loan Amount:
|
$160,000
|
City:
|
Los Angeles | |
|
LTV:
|
59% ARV |
County:
|
Los Angeles, CA | |
|
ARV:
|
$270,000 |
|
||
|
Purchase Price:
|
$185,000 | |||
|
Term:
|
1 Years | |||
|
Rate:
|
12.00%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
No Fund Control
|
|||
|
The borrower came in with 20% on this transaction
and opted to do the repairs with his own funds. Rehab Fix & Flip |
|||
|
Loan Amount:
|
$110,000
|
City:
|
Palm Desert | |
|
LTV:
|
61% ARV |
County:
|
Riverside, CA | |
|
ARV:
|
$180,000 |
|
||
|
Purchase Price:
|
$118,000 | |||
|
Term:
|
5 Years | |||
|
Rate:
|
11.75%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$15,000
|
|||
|
Rehab Fix & Flip | |||
|
Loan Amount:
|
$221,000
|
City:
|
Montebello | |
|
LTV:
|
65% ARV |
County:
|
Los Angeles, CA | |
|
ARV:
|
$340,000 |
|
||
|
Purchase Price:
|
$218,250 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.99%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$42,000
|
|||
|
The borrower, an existing Vanguard customer, specializes in buying homes from banks who are anxious to dispose of them. He then brings his experienced crews into the property to complete the work . At completion, he stages the home for an ultimate sale and the realization of a nice profit. |
|||
|
Loan Amount:
|
$155,000
|
City:
|
Los Angeles | |
|
LTV:
|
58% ARV |
County:
|
Los Angeles, CA | |
|
ARV:
|
$267,000 |
|
||
|
Purchase Price:
|
$171,000 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.99%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$13,867
|
|||
|
Rehab Fix and Flip. Borrower has an end buyer ready to go. There was no fund control for the repairs. |
|||
|
Loan Amount:
|
$90,000
|
City:
|
Fontana | |
|
LTV:
|
58% ARV |
County:
|
San Bernardino, CA | |
|
ARV:
|
$155,000 |
|
||
|
Purchase Price:
|
$100,000 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.99%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$14,380
|
|||
|
Rehab Fix and Flip | |||
|
This loan example covers 101% of the purchase price.
|
||||
|
Loan Amount:
|
$178,000
|
City:
|
Anaheim | |
|
LTV:
|
62.5% ARV |
County:
|
Orange, CA | |
|
ARV:
|
$285,000 |
|
||
|
Purchase Price:
|
$175,000 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.99%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$33,850
|
|||
|
Historical home in need of some serious work.
Borrower will be correcting the foundation and rebuilding the whole interior. |
|||
|
Loan Amount:
|
$165,000
|
City:
|
Los Angeles | |
|
LTV:
|
60% ARV |
County:
|
Los Angeles, CA | |
|
ARV:
|
$175,000 |
|
||
|
Purchase Price:
|
$183,750 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.00%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$15,000
|
|||
|
Rehab Fix and Flip | |||
|
Loan Amount:
|
$123,000
|
City:
|
Los Angeles | |
|
LTV:
|
60% ARV |
County:
|
Los Angeles, CA | |
|
ARV:
|
$205,000 |
|
||
|
Purchase Price:
|
$126,500 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.00%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$30,000
|
|||
|
Rehab Fix and Flip | |||
|
This loan example covers 106% of the purchase price.
|
||||
|
Loan Amount:
|
$200,000
|
City:
|
San Diego | |
|
LTV:
|
61.5% ARV |
County:
|
San Diego, CA | |
|
ARV:
|
$325,000 |
|
||
|
Purchase Price:
|
$187,500 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.99%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$15,000
|
|||
|
Purchase fix and flip. | |||
|
Loan Amount:
|
$225,000
|
City:
|
Van Nuys | |
|
LTV:
|
61% ARV |
County:
|
Los Angeles, CA | |
|
ARV:
|
$368,000 |
|
||
|
Purchase Price:
|
$240,500 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.99%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$14,000
|
|||
|
Purchase fix and flip. | |||
|
This loan example covers 98% of the purchase price.
|
||||
|
Loan Amount:
|
$168,000
|
City:
|
San Fernanado | |
|
LTV:
|
60% ARV |
County:
|
Los Angeles, CA | |
|
ARV:
|
$280,000 |
|
||
|
Purchase Price:
|
$171,000 | |||
|
Term:
|
12 Months | |||
|
Rate:
|
12.00%
|
|||
|
Income:
|
Stated Income | |||
|
Property Type:
|
Single Family | |||
|
Rehab Budget:
|
$15,000
|
|||
|
Purchase fix and flip. | |||
Additional Rehab Loan Information:
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- FAQ: Do I need experience to get a rehab "Fix and Flip loan? Rehab FAQ
- Rehab Loans Home Page