Loan Program

Loan Program
  • Purchase
  • Rehab
  • Transactional
  • Interest rates starting as low as 12%
  • Interest only
  • 6-month term
  • 3-month extension (extension fees apply)
  • 65% ARV (after repair value)
  • Type of loan depends on ARV (Cash out, purchase, etc.)
  • Mortgage/Title policy required insuring 1 st lien, no 2nds.
  • Proof of Insurance on property with VOC as mortgagee, loss payee, and additional insured (full replacement and liability, flood insurance where needed). 6 months paid at closing. NO EXCEPTIONS.
  • Up to 65% ARV (other fees may apply).
  • Property Criteria
  • Residential, non-owner occupied, investment only
  • Multi Family