Featured LoanExperienced Investor -- 90% LTV Fix-and-Flip Financing
Loan Amount: $250,000
Loan-To-Value: 90% LTV
Situation & Challenge
First Capital Trust Deeds had a long-time investor client with a dozen projects in the works requested a 90% LTV on this purchase to keep as much cash on hand as possible.
For this borrower, going to 90% LTV was doable.
Solution & Result
Since this investor has flipped over 100 properties, First Capital Trust Deeds used one of our go-to lenders to quickly provide loan documents with the appraisal coming in post-close, which, for repeat borrowers, is something that gets done quite a bit.
Fast closing on a 90% LTV loan with very little effort on the part of the borrower.