The Solution is Equity Builder
Here’s how it works: just complete the rehab on your property, have a tenant in place, and we’ll convert your hard-money loan to a fully amortized mortgage loan.
Why choose Equity Builder?
- You build equity every month.
- Pay it off faster than a 30-year loan.
- No balloon payment.
- No second appraisal.
- Fast, 3-day closing.
- For rental property only.
What are the rates and terms?
- Rates from 9.95%
- 15-year term (fully amortized)
- 1% origination
- $875 processing fee
- No other closing costs
Why equity builder?
You want to start growing your net worth with a rental portfolio, but can’t qualify right now for a traditional long-term mortgage.
You’ve reached your conforming or conventional loan limit.
Hard money refi
You’re stuck in hard money and need to transition to a lower-interest, amortized
loan until you can refinance.
Years In Business
Ready to finance that rental property you’ve had your eye on?
Disclaimer: This is for rental property only and cannot be used to occupy the property as a homestead, and cannot be used for owner financing. Wraparound mortgages are prohibited. The rate can adjust in 3-5 years depending on the term at closing. The borrower must remain in the note for at least twelve months or pay a prepayment penalty of 2% of the note amount.