LCThe Lending Commons
← All lenders

Rehab Wallet

Lexington, SC·Nationwide
Rehab Wallet offers Fix & Flip Loans, First Flip Funding, Bridge Loans, Land and Manufactured Home Loans, General Contractor Loans, New Construction Loans, and Flat-Fee Same-Day Transactional Funding.
Rehab Wallet describing itself

Loan programs

Term
12 mo
Maximum leverage
Max LTV 75%Max LTC 75%Max LTCV 75%
Maximum leverage
Max LTV 75%Max ARV 75%Max LTP 100%
Maximum leverage
Max LTV 75%Max LTP 75%
Maximum leverage
Max LTV 75%

Terms & qualification

Typical loan size
$50K – $15M
Typical term
4 mo – 12 mo
Interest rate
12% – 15%
Origination / points
1% to 3%
Minimum FICO
400
Lien position
1st
Prepayment penalty
none
Payment structure
Interest Only
Recourse
Always
Closing speed
7 days typical · 10 days fastest
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
Bank Statements, Loan Application
Borrower entity
LLC, Limited Partnership, Trust, Corporation

Property types

Lending footprint

Not reported.

Sources

This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.