We loan only to rehabbers All mortgages are for a 1 year term Payments are monthly and are interest only There is no prepayment penalty Very low closing costs Most loans close in 1 week Minimal documentation required Up to 100% financing for purchase and repairs or upto 65% of After Repair Value (ARV) Repair funds go into an escrow account and paid to the rehabber on a reimbursement basis Rehabbers are not allowed to live in the property