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WebLendingHome Corporation issues a hard money loan to Cecile for a remodeling project in Salt Lake City, UT, on a house that costs $210,000. The loan-to-value (LTV) on the deal is 85%. This means that Cecile will have to bring 15% of the sales price to closing and the principle will be $178,500 on the deal. WebWe offer hard money rehab loans and ground-up construction loans for investors only in NC, SC, GA, VA, TN, ... Residential Fix & Flips. We finance up to 90% of the purchase and 100% of the rehab costs up to 65% of the ARV, 3-3.5 points, rates starting at 11.99% with a 6-month term and interest-only payments. horizon slitherfang locations
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