KG Funding

Investor Rehabber Loans

KG Funding

Commercial Mortgages

·    Investor Rehab Loans

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Cash to Grow Your Business

·    Factoring to Grow Your Business

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Attorneys & Accountants

Health Care

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Sell Mortgages & Notes

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The Press & KG Funding

Contact KG Funding

Our lenders want to make it as easy as possible. You can borrow 100% of purchase, rehab and partial closing costs, up to 75% of the after-repair value (ARV). Loans are generally for six months and no payments until you pay off the loan by selling or refinancing. Both close in 2-3 weeks.

Two programs are available. Costs are similar for 100% loans. There are minor differences noted below.

 

Features of Plan A

·         Max loan 100% of purchase and rehab costs and

·         Up to 73% of as-repaired value (68% for loans over $375,000)

·         Minimum credit 660 (middle score)

·         6 months (12 in Florida)

·         no “junk” fees – just appraisal, points (4 financeable), interest (financeable)

·         separate programs for new construction, land development

Plan A is available in urban parts of

 

Florida
Maryland

North Carolina
Pennsylvania
South Carolina
Virginia
Washington D.C.

For Plan A, click here.

 

Features of Plan B

·         Minimum liquidity $20,000

·         No new construction, land, mobile homes

·         6 months (extendable to 13)

·         85%, 90%, 95%, 100% programs with increasing costs and credit requirement (630-690)

·         Up to 75% of as-repaired value

·         maximum closing costs financed: $1200

Plan B is available in more than 30 states and DC

 

For further information, list of states, and application information, click here.

Call us.  Email us.

 

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