1. Property Types:
   • Investment Properties
   • Multi Families
   • Mixed Use Properties
   • Apartments
   • Storefronts
   • Bed & Breakfast Properties
   • Restaurants
   • Unusual Properties & Special Purpose Properties
   • Small Commercial Properties
     
     
2. Terms:
   • With and Without Recourse
   • Fixed Rates up to 20 years
   • Interest Only
   • 6 months 2, 3, & 5 years Adjustable Rate Mortgages
   • With and Without Personal Guarantees
     
     
3. Loan Amounts up to $ 30,000,000
   
   
4. Credit Scores: as low as 575
   
   
5. Loan Types And Programs:
   • Stated Income/ Stated Assets
   • Purchase or Refinance
   • Full Doc / Lite Doc
   • Cash-Out Refinance
   • Renovation Loans
     
     
6. Other Guidelines/ Features:
   • Corporations, LLC, Partnerships, Trusts Entities OK
   • No seasoning of title requirements
   • No limit to amount of cash-out refinancing
     

• 100% Financing Available
• Up to 70% LTV (based on after repair value)
• Interest only payments
• One year, 6, 3, & 1 month terms
• Close & funding typically in 2-3 weeks
• Credit Scores usually not considered

   Moreover, if you intend to rehab and sell the property in a short period of time, seasoning of title usually is not an issue. Ask us how you can get started.

IV.   CONSTRUCTION AND RENOVATION FINANCING

1. Financing to build a new home typically comes in the form of a construction –to - permanent loan. This type of financing has two parts: A loan to cover the cost of construction and a mortgage on the finished (permanent) home.
   
   United Mortgage & Investment Group offers both construction financing and the permanent mortgage with only one application process and one closing. Features include:
   
   • Streamlined qualifying process
   • Single set of closing costs
   • Up to 12 months to complete construction
   • Rate locked in at closing, with an option to “float down” to a new rate after construction if the rates have improved
   • Choice of fixed rate, interest only or adjustable rate mortgage
   • 100% financing for qualified Borrowers
   • Interest only payments during construction
     
   Because the permanent loan amount is determined after construction, you can make changes and add enhancements throughout the building process.
   
   
2. Renovation / Rehab Financing
   
   The perfect financing for the not ~ quite ~ perfect home. Have you found a home that’s almost, but not quite what you want? Make it your dream home with Mortgage Renovations Plus, an innovative home loan that finances your new home plus the costs of remodeling or renovation.
   
   For example, Mortgage Renovation Plus can finance:
   
   • State–of–the–art media room
   • The Kitchen you've always dreamed of
   • New floors or carpeting
   • A deck, jacuzzi or swimming pool
     
     
   Flexible funds for refinancing, second homes and investment properties
   This flexible loan program is also available for refinancing so you can renovate your existing home while lowering your interest rate or converting your current loan program. It is also ideal financing for a second home or investment property that needs repair or redecorating.
   

To start the loan process, Click here.