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AHF is associated with a Hard Money Lender that have years of experience. They deal in BLANKET, CONSTRUCTION, LAND DEVELOPMENT,
RAW LAND and REHABS' financing.
The lenders primarily lend in Idaho, Oregon, and Washington.
LOAN TO VALUE:
Our lender is primarily an LTV driven lender. Maximum LTV is typically 65%. With cash down purchases the LTV may be increased
to 70%. Additional collateral can be used to offset LTV requirements.
PROPERTY TYPES:
*All Property types
BORROWER TYPES
*Individual
*Trust
*LLC
*Corporation
*Estate
*Partnership
PROPERTY CONDITIONS:
*Any condition
LOAN PURPOSE
*Non-Owner Occupied Purchase
*Non-Owner Occupied Refinance
*Owner Occupied Purchase in Idaho and Oregon only
*NO Owner Occupied Purchase in Washington
*NO Owner Occupied or Personal Use Refinances
LOAN TYPES
*Raw Land
*Land Development
*Construction &; owner contractor ok, as well as finish up construction for projects mid-way through needing additional funds
to complete
*Rehab &; loans to rehab existing structures allowing the completed value
*Mobile/Land Setup - must be on real property
GUIDELINES
*Credit &; No requirements
*Income &; No requirements &; Borrowers must have a realistic plan for repayment
*Prepayment Penalty &; None
*Term - Typically 2 - 3 years interest only
*Pricing - Rate - 10.5% to 14.9%, typically 12.9% / Fee - typically 4 points
*Short Term Special Pricing &; Reduced rate and fee available for loan expected to payoff in 60 days or less.
This structure must be set up initially and there is a rate increase as well as a fee increase if the loan is not paid off
within the allotted time.
THESE PROGRAMS ARE ONLY FOR THE STATES OF IDAHO, OREGON, AND WASHINGTON.
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