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Residential Capital Partners

Dallas, TX·Nationwide
Residential Capital Partners may finance up to 100% of the purchase price and 100% of the renovation budget for qualifying fix-and-flip projects, subject to a maximum of approximately 75% of the property's after-repair value (ARV).
Residential Capital Partners describing itself

Loan programs

Maximum leverage
Max LTV 75%
Maximum leverage
Max LTV 75%
Maximum leverage
Max LTV 75%
Maximum leverage
Max LTV 75%
Also offers— no published terms

Terms & qualification

Typical term
1 mo – 9 mo
Interest rate
9.5% – 12%
Origination / points
2% to 3%
Minimum FICO
620
Lien position
1st
Prepayment penalty
Only for DSCR long-term rental loans. We do not charge prepayment penalties for short-term loans.
Payment structure
Interest Only
Recourse
Always
Closing speed
10 days typical · 5 days fastest
Cross-collateral
No
Equity / JV capital
No
Income documentation
Credit Report, Bank Statements
Borrower entity
LLC, Limited Partnership, Corporation

Property types

Lending footprint

Explicitly excluded: AK, AZ, NV

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.