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Fix & Flip Exposure Line of Credit

Fix & Flip Exposure Line of Credit

Loan Programs
/ By Beau Eckstein

Emerge Lending Group offers an exposure line with streamlined approval for the After-Repair Value Loan Program with guaranteed leverage and fixed rates. This product is available to investors with a portfolio of 10 or more flips per year.

BASIC LOAN CRITERIA

Term:
12 Month Revolving Investment Periods
Exposure Limit:
$1M – $10M
LTV:
Up to 90% Loan-to-Cost;
Up to 80% of the As-Is Value;
Not to Exceed 75% of the ARV
Property Types:
Non-owner occupied 1-4 Family Residential Real
Estate; Condos; Townhomes; Multi-Families (5+);
Mixed-Use Properties
FICO
660 minimum

Emerge Lending Group specializes in working with business owners and real estate investors.

We lend on real estate in 45 States. For our owner-occupied program that is for California properties only at this time.

We offer 1st and 2nd trust deeds. The important consideration is that the use of funds are for your business and not for personal use on our owner-occupied private money lending programs.

We offer many lending products here is a list of some of the loan options.

• Fix & Flip

• Bridge loans

• 2nd TD construction loans

• Consumer bridge Loans

• Ground-up construction loans

• 30-year rental loans

• Unsecured lines of credit & term loans

• Cross liens

• 2nd TD

• Owner-occupied business loans 1st & 2nd TD

Property Types: