I have a property in Indianapolis that is need of a serious rehab inside and out . looking for 65 to 75% LTV with a 565 mid credit score. Subject to/drive by appraisal done on property this summer came back at $175,000.00 dollars. I only owe $32,000.00 it is currently on a recorded land contract. NEED HELP FAST!!!
This might work for you:
[b]-No Minimum FICO up to 70 LTV (70% Financing)/100 CLTV allowed with seller 2nd
-90 LTV for for Mid FICOs => 500/100 CLTV allowed with seller 2nd
- No Seasoning Requirements
- Loan Amounts Between $50,000 to $1,500,000
- Stated Income with Reasonable Debt Service [/b]
Regards,