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Private Money Loans

Statewide offers Private Money Financing for the following: 

Fix N' Flip Loans

Ideal for a real estate investor who wants to buy an under market valued property, fix it up and then resell.  We finance the purchase of a new property plus give 100% of the rehab funds! In just 7-10 business days, we can close a loan on the purchase of a new property and then finance all of the rehab expenses.  This program allows a real estate investor to come up with minimal capital and save money to use toward the next investment project.

  • 85% of Purchase + 100% of Rehab
  • Quick Close – 7 to 10 day close guaranteed*
  • Max Term: 12 Months (No Prepay Penalty)
  • Minimum FICO 575
  • Max Loan Amount: $3,500,000

Construction Loans

We can help you build that perfect investment property that you’ve always been wanting to!  Once you have the land and permitting in place, we can give you as much as 75% of cost to build from the ground up. We also reimburse funds that you already spent on building permits and architectural designs. This program will free up much needed capital for your next business venture. With as little as 25% down of total cost, you can access funds in 7-10 business days to start your next ground up construction project!

  • 75% of Total Cost
  • Quick Close – 7 to 10 day close guaranteed*
  • Max Term: 18 Months
  • (No Prepay Penalty)
  • Minimum 600 FICO
  • Max Loan Amount: $4,500,000
  • Quick Loan Approvals

Bridge Loans

Ideal for a real estate investor who wants to buy but need a bridge loans for aquiring property while waiting for financing from a traditional lender.  In just 7-10 business days, we can close a loan on the purchase of a new property.  This program allows a real estate investor close on a property fast while having up to 12 months to refinance loan. 

  • Up to 80% of Purchase Price
  • Quick Close – 7 to 10 day close guaranteed*
  • Max Term: 12 Months (No Prepay Penalty)
  • Minimum FICO 575
  • Max Loan Amount: $3,500,000

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