Basic Loan Terms:
- Loans ranging from $50,000 - $1,000,000
- Term can be from 3 months to 18 months with possible renewal
- 3 month minimum interest payment
- Current interest rate 10.75%
Max Lending Limits:
- Up to 80% LTV/ARV on NOO Residential Projects
- Up to 70% LTV/ARV on Commercial Projects
- Up to 50% LTV on Land Acquisition
- Up to 50% Equity Cash Out Loans on Real Estate
We want our borrowers to succeed!
Fix & Flip
"I use ALFIE for my quick turnaround rehab projects. They allow me to offer fast cash closings to sellers, and give me a quick turnaround for construction draws, which keep my sub-contractors happy."
-Wesley Greene, Asheville, NC