Land & Lots

Loan Overview

LOAN TERMS  

  6 to 9 Months

LOAN TO VALUE

  Up to 60% (As is Value)

LOAN AMOUNTS 

 $50,000 - $250,000

INTEREST RATE

  12.99 to 13.99%

Lender Fees

ORIGINATION FEE  

  2.99%

PROCESSING FEE

  $1,000

EVALUATION FEE  

  $400

Other Costs

Liability Insurance - proof of prepaid for loan duration required

Lender's Title Insurance

Settlement/Title Company Fees

Prepaid Interest - If Applicable

DISCLAIMER: This document is not a loan offer. Terms and conditions listed above are only an example of a typical loan structure from REI Bankers, LLC. Every loan application is subject to underwriting, and loan terms are structured on a case by case basis based on risk analysis and other factors. Funds allocated to repairs are held back in escrow by REI Bankers, LLC.