Easy Street
Loan Programs
Loan Terms
Min Loan Amount
$100,000
Max Loan Amount
$2,000,000
Interest Rates
9.9%-11.9%
Exceptions to loan amount case by case
Term
6-12 Months
Amortization
Interest Only
Prepayment Penalty
None
Fix & Flip - No Added Sq Ft
Fees
Max LTC
85
Max LTARV
70
Rehab Funds
85-100%
Rate
10.99
Interest Type
Dutch
*Rate 9.99% with 3+ flips in past 24 months
Origination Fee
1
Doc Fee
995
Valuation Fee
995
*Valuation Fee waived with -5% Leverage
ORIGINATION FEE BUY-DOWN
Reduce origination fee by 0.25% for every 1% in rate upsell
Fix & Flip - Adding Sq Ft
Eligibility
Max LTC
85
Max LTARV
70
Rehab Funds
85-100%
Rate
10.99
Interest Type
Dutch
*Rate 10.99% with 3+ flips in past 24 months
Min FICO
660*
Individual Vesting
Yes (All States Except GA)
Foreign National
Yes**
First Time Investor
Yes***
*Exceptions to FICO case by case; **Must vest in entity and have valid US bank account; ***First Time Investors subject to -5% LTC
Bridge - No Rehab
Excluded Markets
Max LTC
85
Max LTV
60
Rate
10.99
North Dakota, South Dakota, New York, Minnesota, Nevada, Chicago MSA, Detroit MSA, Inner City New Jersey, Inner City Baltimore
Refinance
Max LTV
60
Rate
10.99
No Bridge → Bridge Refinancing
