Hi!
Check out this cool website for all of your client's funding needs:
www.monumentalfundingsolutions.com
Products include:
Monumental ARV Pro Loan is the perfect program for house flippers who need a short-term solution for purchasing investment property and financing renovation costs:
Check out this cool website for all of your client's funding needs:
www.monumentalfundingsolutions.com
Products include:
- Merchant loans up to $2,000,000 - Same Day Funding Available are used to finance the purchase of point-of-sale (POS) equipment and to provide working capital for businesses that accept credit cards.
- Commercial real estate loans up to $10,000,000 - Fast Close are used to finance the purchase, development, or renovation of commercial properties.
- Commercial real estate refinance up to $5,000,000 - Fast Close is used to replace an existing loan with a new loan with more favorable terms.
- Commercial line of credit up to $150,000 is a revolving line of credit that businesses can use to borrow money as needed.
- Personal loans up to $300,000 are used to finance personal expenses, such as consolidating debt, paying for a vacation, or starting a business.
- Business SBA loans are loans that are guaranteed by the Small Business Administration (SBA). This makes them more attractive to lenders and can help businesses get approved for loans that they might not otherwise qualify for.
Monumental ARV Pro Loan is the perfect program for house flippers who need a short-term solution for purchasing investment property and financing renovation costs:
- Available on 1-4 Unit n/o/o investment properties
- $75k – $2MM (with exception to higher $$$)
- Initial draw is 80% of the purchase price (so 20% down payment required)
- 12 month Interest Only Payment
- No Prepayment Penalty
- Options for no upfront lender fees
- Income documentation is not required, a true no-ratio program!
- No Asset Seasoning or Reserves Required
- Purchases & Refi's are OK
- Available Nationwide (with some exceptions)
- 650 Minimum FICO
- Detailed schedule of improvements will be required