Real Estate Made Easy
SIMMCAP
OUR NEW PRODUCTS INCLUDE
Fix & Flips
Purchase To Renovate
- Min Fico 600+
- Loan-to-value up to 80% LTV
- Loan-to-cost up to 90% LTC
- Financing Up to 100% rehab budget
- Loan terms 12-24 months ( 6-months prepayment)
- $100k-$7MM
- 3points
- 6.99% interest payments (starting rate)
Long Term Rental
- Min Fico 640
- Loans from $100k to $7mm
- 30 years fixed fully amortized
- Competitive Rates
- Multi-Family / Mixed Use
- Commercial Building
- 5, 7, 10, & 30-yr fixed (interest-only available)
- Up to 80% Cash Out (select states)
- Up to 80% LTV on purchase, rate/term.
- DSCR (Lease Required)
- No DSCR (No Lease Required)
Bridge Financing
Short Term Financing Option
- 12 or 24-month terms
- No maximum loans per applicant (subject to change)
- 5, 10, or 30yr Fixed-rate ARMs & Interest only payments
- Non-recourse
- No income varified
- No DSCR rates starting at 4.75% (no lease required)
- Flexible pre-payment options
- SFR 1-4 units
- Up to 90% of LTV
- Up to 100% of vertical construction
- 6 to 12-month loan terms
- up to 6-month extension
- Interest paid only on drawn down amount(s)
A business line of credit is a type of financing that allows a company to borrow money up to a specific limit and then draw on that credit as needed. The funds can be used for a variety of purposes.
Typically needed to qualify?
•3+ Months in Business
•$17,000+ Monthly Gross Sales (3 mo consecutively)
•No Minimum FICO
Apply Now from
$30,000- $750,000
Click our photo above for more information.
Have an idea that doesn't have revenue yet? We may have a solution for you. Now apply for Start-Up Capital from $10,000-$500,000 with no gross revenue.
Startup capital refers to a new business's funds to begin operations and cover its initial expenses without collateral. This type of funding is not backed by any specific assets. Therefore applicants must have a strong personal credit profile.
- Fico score 720+
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