Loan Purpose

• Purchase for Rehab

• Refinance for Rehab of Existing Property

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Loan Product

• First Lien Only

• 6-36 Months Interest Only

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​Minimum "As Is" Property Value 

• $100,000

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​Max Loan to "As Repaired" Value ("LTARV")

• Up to 80%

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Loan to Cost ("LTC")

• Up to 85%

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Minimum Loan Amounts

• $75,000

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Maximum Loan Amounts

• $2,000,000* for Single Family

• $3,000,000* for 2-4 Family

• $3,000,000* for 5-8 Units

*Larger loan balances are only permitted on an exception basis that requires Invigorate Scenario Desk Review.

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Eligible Property Types

• Single Family Residence (SFR)

• 2 to 4 Family

• 5 to 8 Units

• Warrantable Condominiums (FNMA Guidelines)

• Townhomes

Mixed Use is allowed where 50% or more of the total property square footage is residential.​

​Property Locations

• Major MSA’s and secondary markets

• No Rural Properties (as designated on appraisal)

(Product not available in Alaska, North and South Dakota, Minnesota, Nevada, Delaware, Utah, Hawaii, Puerto Rico, US Virgin Islands)

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Eligible Borrowers

• U.S Citizens/Permanent Resident Aliens

• Non-US Residents

• Foreign Nationals

• LLCs, LPs, Trusts & Corporations 

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Borrower Experience

• Options for New Investors (Zero Experience)

• Limited, Experienced and Institutional

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Recourse

• Recourse and Non-recourse Options Available

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Minimum Credit Score

• 640