TMD Capital’s 0% DOWN Loan Program offers financing for up to 100% of the purchase price + 100% of renovation costs, not to exceed 70% of the after-repair value.
Plus, TMD Capital only charges interest on your outstanding balance, not on the rehab holdback so you don’t pay for the funds you aren’t using.
LOAN CRITERIA
Collateral:
Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes
Minimum As-Is Property Value:
$50k for Single-Family
$25k per Unit for 2-4 Family
LTV:
Up to 100% of the Purchase Price + 100% of the Renovation Cost; Not to Exceed 70% of the ARV
Loan Amount:
$50k – $1.5M for 1-4 Family, Condos, & Townhomes
Term:
9 Months (6-Month Extension Available)
Minimum FICO:
620 (Soft Pull Only)
Rates:
10% Flat Rate (Interest Only Charged on Outstanding Balance)
Pre-Payment Penalty:
N/A
*MUST HAVE CURRENT YEARS TAX RETURNS
*MUST HAVE 2+ EXPERIENCE OVER PAST 2 YEARS FOR 65% OF ARV
*MUST HAVE 5+ EXPERIENCE OVER PAST 2 YEARS FOR 70% OF ARV
