Program Details
Renovation Loans
1 to 4 Family Properties
Loan Term
6, 9 or 12 Months
LTV
Up to 90% of purchase/100% of rehab
Up to 75% of After Repair Value
Loan Type
Interest Only; Payments Monthly
Full Recourse to Guarantors
Minimum Credit Score Required
Middle Score of 650
Loan Amounts
$50,000 to $450,000
Experience Requirements
We provide loans for any level of investor
Rehab Loan Process
Quote
Request
Submit your deal details and get written terms within 1 business day
Provide
Documents
Loan App, Contract, Rehab Budget, Entity Docs, ID, Insurance, Bank Statements
Underwriting & Valuation
We will review documents and obtain a valuation of the property
Go to
Closing!
The loan documents are prepared and closing is scheduled
Rehab Loans Available in:
AL, AR, CO, DOC, FL, GA, IL, IN, KY, MA, MD, MI, MO, MS, NC, OH, PA, SC, TX, VA
*Loan terms and deal structures are subject to Straightline's verification of credit, background and real estate investing experience. Not all clients will receive the maximum advance rates or the lowest interest rates. All loan submissions are subject to underwriting.
BRRRR Strategy Specialists
The BRRRR method is a powerful way to build your investment property portfolio. Our funding products allow you to fund the rehab portion of your deal using high leverage. We then offer you the 30 Year Rental Loan with discounted fees and a seamless closing process.
Keeping it Simple
We keep you moving toward closing by using common sense underwriting and making quick decisions. We don't require unnecessary paperwork or burdensome financial documentation. We have a simple application process and provide fast term sheets for review.
Experience Matters
Straightline was founded in 2006 with the goal of becoming a premier provider of loans for real estate investors. Our simple approach has always been to provide fast answers, great service, and reliable funding for our clients. Since 2006 we have provided millions of dollars in loans to local real estate investors who have improved properties, stabilized neighborhoods, created jobs, and built wealth.