• Up to 70% of the After Repaired Value (excluding points & fees)
• 12.0% interest only payments (contact us for exact rate)
• 2.0% loan origination (minimum $1,000)
• 6 month term
• Two, 3 month options to extend (1% fee per extension)
• Rehab funds held in escrow and released in draws
• No pre-payment penalty
• No tax/insurance escrow

• Loan Origination: 2.0% (Minimum $1,000)
• Appraisal: Typically not required but might be in certain situations
• Survey: Typically not required but might be in certain situations
• Draw Inspection: Free
• Loan Processing: Free
• Loan Documents: $500-600 (Paid to attorney at settlement)
• Wire Fee: ~$40 (One time wire fee at loan payoff)

• First Lien Only
• Our loans are made based on the After-Repaired Value (ARV)
• Appraisals (if required) must be ordered through Texas Investor Financing, and performed by our appraisers. No exceptions.
• A mortgagee’s title policy is required.
• An insurance policy is required on all loans for the term of the loan.
• Texas Investor Financing reserves the right to adjust down payment requirements as deemed necessary.

• All appraisals will be based on After-Repaired Value (ARV).
• Appraisals and inspections will be ordered by Texas Investor Financing ONLY.
• Borrower MUST provide a 12 month insurance policy to be paid in full at closing. Borrower’s insurance agent should provide the declaration page and invoice to Title company at least 24 hours prior to closing.
• Insurance premiums are to be paid in full at closing. NO EXCEPTIONS.
• Coverage must be shown on declaration page must include vacancy, vandalism and malicious mischief.
• If a borrower has blanket policy, the insurance agent must provide declaration page showing the addition of the new property and showing proof of in-force blanket policy.
• The amount of insurance coverage may not be less than the full amount of the loan.
• The lender will be named as an additional insured.
   

Order your insurance early! Delay in providing insurance coverage can delay the closing of your loan!