Chicago Hard Money Lenders NLDS Corp has just announced their new rehab program for investors in Chicago. This program will lend purchase and rehab money up to 65% of the after repair value on the investment property.Â
The details of this Hard Money Loan program will be as follows
up to 65% arv
25k min loan amt
9 month term
1.5% per month interest only payments
You must have a solid exit strategy to repay this rehab loan in 9 months. If you are planning on selling it, we will check your credit to make sure that you have a good enough score to refinance conventional if you cant sell to repay our loan.Â
No appraisals needed in most cases
5-7 day closings
Make sense underwriting
No pre-payment penalties
Hard Money Lenders NY- NJ- CT -CA and nationwide, currently lending to real estate investors, rehab loans, and hard money commercial loans. Closings in as little as 7 days.
10th January 2012
NLDS Corp
Partner
5165268445
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