Interesting Loans For Investors - Wise Capital Mortgage

Fix and Flip Mortgages

Fix and Flips Aka Hard Money or value add mortgage is one that allows you to put 10% down on the purchase price of the home and then finance 100% of the construction costs for the rehabilitation of the home.

We have fix and flip loans with as little as 7.5%-10% down as the down payment so 90-92.5% loan to cost. We lend up to 70-75% of the After Repair Value of the home and 100% of the rehabilitation costs.

Typical Example
House Price $230,000
Rehab = $70,000
After Repair Value = $400,000
Down Payment $23,000 @10% Plus Points And Closing Costs
Interest Only Payments around 9-12% per annum depending on experience and FICO score.

Up to 92.5% LTC, 75% LTV Loans from $75K to $3MM 13, 19, 24-month term options Non-recourse available Interest only loans 1-4 unit residential properties

New Home Construction Loans

There is better access to capital when looking to build an investment property. Wise Capital Mortgage Offers loans where you can get a loan for a 15% down payment on the dirt and we will lend you 100% of the construction up to 70% of ARV or do 100% of the build if you already own the land.

Loan TermsLoans from $300k to $5M

12-24 Month Term – Interest Only
Spec development allowed
Redevelopment and conversion loans also permitted
Negotiable release prices on multi-asset projects
Interest Reserves can be built in
Nationwide Footprint
Fast approvals and funding since we are a non-bank
Eligible Properties: Single-family detached, townhomes, multi-family
At least one build in the last 36 months to qualify

Advantages of our New Construction Loans

Competitive financing and loan terms
Fast approvals and closings for ground-up projects
Interest only loans

Contact an industry expert to ensure you are getting the best loans for new construction projects!

Lean About New Construction Loans

Learn About DSCR Loans

DSCR Investment Property Loan

Are you looking to get Cash Out of an investment property? Do you want to buy or refiance a home under a LLC without the strenuous guidelines of Fannie Mae and Freddie Mac? Do you need to qualify for an investment loan without looking at your overall income for qualifications? Do you have too many loans to get a conventional mortgage? Do you want the loan to be a smooth easy process in as little as 2 weeks? Do you actively invest in real estate and need better capital for holding real estate long term?

DSCR loans are amazing investment vehicles allowing borrowers to cash out on equity on a fix and flip project or to buy a property based on the income the property produces not the overall income of the borrower. DSCR loan are an amazing alternative to a conventional investment property loan and are LLC based.

They analyze the rental income, PITI of debt service, and equity position of the loan to give an investor favorable terms for purchases, rate and term loans, and/or cash out.

New Construction Loans For LLCs as Investment Properties

We would love to hear from you.

512-877-9258 • info@wisecapitalmortgage.com