Recent Closings
Real estate investors from all throughout the state may get the money they need from REL Hard Money & Fix Flip Loans, our quick services become one of the trusted funding providers. Below are some of our recent closing.
$4.3M Bank Statement Deal with Low Expense Ratio
We can accept a letter from a CPA, tax preparer, or enrolled agent to lower your clients’ expense ratio, maximizing their qualifying income.
Loan Details
Location:
Miami Beach, FL
Loan Program:
P&L Only Program
Loan Amount:
$4,295,000
Transaction Type:
Cash-Out Refinance
Property Type:
SFR
Loan Term:
7/6 ARM Interest-Only
Bank Statement 2nd for an Investment Property
No tax returns needed on this standalone 2nd! This property was worth $4.4MM with a $2.25MM 1st mortgage.
Loan Details
Location:
Park City, UT
Property:
SFR Investment
Loan Amount:
$390,000
Transaction Type:
Cash-Out
CLTV:
60
Loan Term:
30-yr Fixed
Bank Statement 2nd for an Investment Property
No tax returns needed on this standalone 2nd! This property was worth $4.4MM with a $2.25MM 1st mortgage.
No Ratio Loan Closed in 15 Business Days
This borrower is an experienced investor with multiple properties who was looking to access the equity from one of his homes to reinvest and upgrade his portfolio of real estate.
Loan Details
Location:
San Diego, CA
No Ratio DSCR:
No Ratio DSCR
Property:
SFR
Loan Amount:
$519K
Transaction Type:
Cash-Out Refinance
Occupancy:
Investment Property
LTV:
44%
Credit Score:
677
Loan Term:
30-yr Fixed