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Commercial Rehab Loan

Commercial Rehab Loan Alpha Funding

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  • Loan amounts up to $3,000,000.
  • Loan term of 1 year to 2 years
  • Loan to value of 60%-65% or below on residential Fix & Flip, less preferred.
  • Financial information showing that you have the funds to maintain your monthly interest payments
  • Presentation of a clear exit strategy, ie. Fix & Flip or Fix & Hold
  • For Fix & Hold borrower’s credit in line with approval standards for traditional refinancing will need to be presented
  • An Appraisal completed by an independent appraisal company

Requirements

  • Experienced team to complete the project
  • Contact of Sale and full attorney review chain.
  • Hazard Insurance
  • Draw Schedule
  • Ferrous Metal Scan (Tank Sweep):
  • Corporation Formation Docs
  • Corporation Operating Agreement
  • Flood Search
  • Flood Insurance

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