Short-Term & Long-Term Financing for Real Estate Investments
Loan Programs
Proffered offers short-term and long-term financing options for real estate investors. Whether you are looking to fix & flip properties or hold properties for rental income, Proffered has flexible options that are suited to your needs.
Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.
Fix & Flip Loans
Proffered ARV Loan Program offers financing for up to 95% of the purchase price + 100% of renovation costs for rehab projects, not to exceed 75% of the after-repair value.
Plus, Proffered only charges interest on your outstanding balance, not on the rehab holdback so you don’t pay for the funds you aren’t using.
Loan Criteria
Collateral
LTV:
Term:
12 – 18 Months
Minimum After Repair Value:
$100k for 2-4 Family
$375k for Multi-Family
(5+)/Mixed-Use
Loan Amount:
$250k – $3M for Multi-Family (5+)/Mixed-Use
Minimum FICO:
Rates:
Pre-Payment Penalty:
ARV Loan Program Typical Leverages & Rates
NEW
INVESTOR
Completed up to 2 Flips
in the Last 3 Years
LTV
Up to 80% of Purchase Price + Up to 100% of Renovation Costs; Not to Exceed 70% of the ARV
RATES
Starting at 10.74%
INTERMEDIATE INVESTOR
Completed Between 3 & 5 Flips in the Last 3 Years
LTV
Up to 90% of the Purchase Price + Up to 100% of Renovation Costs; Not to Exceed 72.5% of the ARV
RATES
Starting at 10.24%
EXPERIENCED
INVESTOR
Completed More Than 10 Flips in the Last 3 Years (720+ Minimum FICO)
LTV
Up to 95% of the Purchase Price + Up to 100% of Renovation Costs; Not to Exceed 75% of the ARV
RATES
Starting at 9.20%
READY TO GET STARTED?
Long-Term Rental Loans
Proffered remains committed to your future investments with our Long-Term Rental loan program. This program offers a 30-year term and rates starting at 5.75% to ensure that our customers have true long-term financing options.
Loan Criteria
Collateral
Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes; Planned Unit Development (PUD)
LTV:
Purchase:
Lesser of up to 80% of the As-Is Value or Up to 80% Loan-to-Cost
Refinance:
Up to 80% of the As-Is Value
Cash-Out:
Up to 75% of the As-Is Value
Amortization Options:
30-Year Fixed, Hybrid ARMS (5/1, 7/1, 10/1) & Interest-Only Options Available
Property Values:
“As Is” Appraised Value Must Be $100k or Greater
(Geographical Restrictions May Apply)
Loan Amount:
$55k – $2M
Debt Service Coverage Ratio (DSCR):
Minimum FICO:
660
Rates:
Long-Term Rental Loan Program Typical Leverages
PURCHASE
| FICO | MAXIMUM LOAN-TO-VALUE (LTV) | MAXIMUM LOAN-TO-COST (LTC) |
|---|---|---|
|
720+
|
Up to 80% of the As-Is Value
|
Up to 80% Loan-to-Cost |
|
700 – 719 |
Up to 80% of the As-Is Value |
Up to 80% Loan-to-Cost |
|
680 – 699 |
Up to 75% of the As-Is Value |
Up to 75% Loan-to-Cost |
|
660 – 679 |
Up to 65% of the As-Is Value |
Up to 70% Loan-to-Cost |
REFINANCE
| FICO | MAXIMUM LOAN-TO-VALUE (LTV) |
|---|---|
|
720+
|
Up to 80% of the As-Is Value
|
|
700 – 719 |
Up to 80% of the As-Is Value |
|
680 – 699 |
Up to 75% of the As-Is Value |
|
660 – 679 |
Up to 65% of the As-Is Value |
CASH-OUT
| FICO | MAXIMUM LOAN-TO-VALUE (LTV) |
|---|---|
|
720+
|
Up to 75% of the As-Is Value
|
|
700 – 719 |
Up to 75% of the As-Is Value |
|
680 – 699 |
Up to 70% of the As-Is Value |
|
660 – 679 |
Up to 60% of the As-Is Value |
READY TO GET STARTED?
Multi-Family Loans
Proffered offers short-term bridge financing, fix and flip financing, & long-term rental financing for 5+ unit apartments.
Plus, Proffered only charges interest on your outstanding balance, not on the rehab holdback so you don’t pay for the funds you aren’t using.
Loan Criteria
Collateral
Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes; 5+ Unit Apartments; Mixed-Use Properties
Term:
12 – 18 Months
Loan Amount:
$250k – $3M ($1M Max per unit)
FICO:
650 Minimum
LTV:
Stabilized Bridge
Purchase: Up to 75% of the As-Is Value
Refinance: Up to 70% of the As-Is Value
Cash-Out: Up to 65% of the As-Is Value
Fix & Flip
Purchase: Up to 80% of the Purchase Price + 100% of Renovation Costs
Refinance: Up to 75% of the As-Is Value + 100% of Renovation Costs
Cash-Out: Up to 70% of the As-Is Value + 100% of Renovation Costs
Long-Term Rental Loan Program Typical Leverages
PURCHASE
| MAXIMUM LOAN-TO-VALUE (LTV) |
|---|
|
Up to 75% of the As-Is Value
|
REFINANCE
| MAXIMUM LOAN-TO-VALUE (LTV) |
|---|
|
Up to 70% of the As-Is Value
|
CASH-OUT
| MAXIMUM LOAN-TO-VALUE (LTV) |
|---|
|
Up to 65% of the As-Is Value
|
FIX & FLIP PROGRAM
EXPERIENCED CUSTOMER
PURCHASE
LIGHT REHAB
| MAXIMUM LOAN-TO-VALUE | MAXIMUM AFTER-REPAIR VALUE |
|---|---|
|
Up to 80% of Purchase Price
+ 100% of Rehab Costs |
Up to 70% Loan-to-Cost |
HEAVY REHAB*
| MAXIMUM LOAN-TO-VALUE | MAXIMUM AFTER-REPAIR VALUE |
|---|---|
|
Up to 70% of Purchase Price
+ 100% of Rehab Costs |
Up to 65% Loan-to-Cost |
REFINANCE
| MAXIMUM LOAN-TO-VALUE | MAXIMUM AFTER-REPAIR VALUE |
|---|---|
|
Up to 75% of Purchase Price
+ 100% of Rehab Costs |
Up to 65% Loan-to-Cost |
| MAXIMUM LOAN-TO-VALUE | MAXIMUM AFTER-REPAIR VALUE |
|---|---|
|
Up to 65% of Purchase Price
+ 100% of Rehab Costs |
Up to 60% Loan-to-Cost |
CASH-OUT
| MAXIMUM LOAN-TO-VALUE | MAXIMUM AFTER-REPAIR VALUE |
|---|---|
|
Up to 70% of Purchase Price
+ 100% of Rehab Costs |
Up to 60% Loan-to-Cost |
| MAXIMUM LOAN-TO-VALUE | MAXIMUM AFTER-REPAIR VALUE |
|---|---|
|
Not Permitted
|
Not Permitted
|
NEW CUSTOMER
(Completed 5+ Flips in the Last 3 Years)
LIGHT REHAB
PURCHASE
| MAXIMUM LOAN-TO-VALUE | MAXIMUM AFTER-REPAIR VALUE |
|---|---|
|
Up to 70% of Purchase Price
+ 100% of Rehab Costs |
Up to 65% Loan-to-Cost |
Short-Term Rental Loan Program Typical Leverages
PURCHASE
| MAXIMUM LOAN-TO-VALUE (LTV) |
|---|
|
Up to 75% of the As-Is Value |
REFINANCE
| MAXIMUM LOAN-TO-VALUE (LTV) |
|---|
|
Up to 70% of the As-Is Value
|
CASH-OUT
| MAXIMUM LOAN-TO-VALUE (LTV) |
|---|
|
Up to 65% of the As-Is Value
|
FIX & FLIP PROGRAM
EXPERIENCED CUSTOMER
(Completed 5+ Flips in the Last 3 Years)
PURCHASE
LIGHT REHAB
| MAXIMUM LOAN-TO-VALUE | MAXIMUM AFTER-REPAIR VALUE |
|---|---|
|
Up to 80% of Purchase Price
+ 100% of Rehab Costs |
Up to 70% Loan-to-Cost |
HEAVY REHAB*
| MAXIMUM LOAN-TO-VALUE | MAXIMUM AFTER-REPAIR VALUE |
|---|---|
|
Up to 70% of Purchase Price
+ 100% of Rehab Costs |
Up to 65% of the ARV |
REFINANCE
| MAXIMUM LOAN-TO-VALUE | MAXIMUM AFTER-REPAIR VALUE |
|---|---|
|
Up to 75% of Purchase Price
+ 100% of Rehab Costs |
Up to 65% to the ARV |
| MAXIMUM LOAN-TO-VALUE | MAXIMUM AFTER-REPAIR VALUE |
|---|---|
|
Up to 65% of Purchase Price
+ 100% of Rehab Costs |
Up to 60% to the ARV |
CASH-OUT
| MAXIMUM LOAN-TO-VALUE | MAXIMUM AFTER-REPAIR VALUE |
|---|---|
|
Up to 70% of Purchase Price
+ 100% of Rehab Costs |
Up to 60% to the ARV |
| MAXIMUM LOAN-TO-VALUE | MAXIMUM AFTER-REPAIR VALUE |
|---|---|
|
Not Permitted
|
Not Permitted
|
NEW CUSTOMER
(Completed < 3 Flips in the Last 3 Years)
LIGHT REHAB
PURCHASE
| MAXIMUM LOAN-TO-VALUE | MAXIMUM AFTER-REPAIR VALUE |
|---|---|
|
Up to 70% of Purchase Price
+ 100% of Rehab Costs |
Up to 65% of the ARV |
READY TO GET STARTED?
New Construction Loans
Proffered Capital is able to provide financing to cover all of your ground-up construction needs. This program offers an 18-month term and rates starting at 9.99% to make sure your project is well-funded from start to finish.
Loan Criteria
Collateral
Non-Owner Occupied Single-Family
Properties; Condos; Townhomes
Term:
Up to 95% of 12 – 24 Monthsthe Purchase Price + 100% of the Renovation Cost; Not to Exceed 75% of the ARV
Loan Amount:
$100k* – $2M
*Based on Max Loan Amount
Minimum Property Value:
$150k**
**As-Completed Value
Rates:
Starting at 9.99%
Minimum FICO:
New Construction Loan Program Typical Leverages
TIER 1
Completed 10 or More Ground Up Construction Projects
PURCHASE
INITIAL LOAN AMOUNT
| MAXIMUM LOAN-TO-VALUE | Maximum LOAN-TO-COST |
|---|---|
|
Up to 75% of the As-Is Value
|
Up to 80% of the As-Is Value
|
MAX LOAN AMOUNT
| MAXIMUM AFTER-REPAIR VALUE | TOTAL LOAN-TO-COST |
|---|---|
|
Up to 75% ARV
|
Up to 90% LTC
|
REFINANCE
| MAXIMUM LOAN-TO-VALUE | Maximum LOAN-TO-COST |
|---|---|
|
Up to 75% of the As-Is Value
|
N/A
|
| MAXIMUM AFTER-REPAIR VALUE | TOTAL LOAN-TO-COST |
|---|---|
|
Up to 75% ARV
|
Up to 90% LTC
|
TIER 2
PURCHASE
INITIAL LOAN AMOUNT
| MAXIMUM LOAN-TO-VALUE | Maximum LOAN-TO-COST |
|---|---|
|
Up to 72.5% of the As-Is Value
|
Up to 75% of the As-Is Value
|
MAX LOAN AMOUNT
| MAXIMUM AFTER-REPAIR VALUE | TOTAL LOAN-TO-COST |
|---|---|
|
Up to 70% ARV
|
Up to 85% LTC
|
REFINANCE
| MAXIMUM LOAN-TO-VALUE | Maximum LOAN-TO-COST |
|---|---|
|
Up to 75% of the As-Is Value
|
N/A
|
| MAXIMUM AFTER-REPAIR VALUE | TOTAL LOAN-TO-COST |
|---|---|
|
Up to 70% LTC
|
Up to 85% ARV
|
TIER 3
Completed 3+ Investment Real Estate Transactions, At Least One Must Be Heavy Rehab
PURCHASE
INITIAL LOAN AMOUNT
| MAXIMUM LOAN-TO-VALUE | Maximum LOAN-TO-COST |
|---|---|
|
Up to 70% of the As-Is Value
|
Up to 72.5% of the As-Is Value
|
MAX LOAN AMOUNT
| MAXIMUM AFTER-REPAIR VALUE | TOTAL LOAN-TO-COST |
|---|---|
|
Up to 65% ARV
|
Up to 85% LTC
|
REFINANCE
| MAXIMUM LOAN-TO-VALUE | Maximum LOAN-TO-COST |
|---|---|
|
Up to 67.5% of the As-Is Value
|
N/A
|
| MAXIMUM AFTER-REPAIR VALUE | TOTAL LOAN-TO-COST |
|---|---|
|
Up to 65% LTC
|
Up to 85% ARV
|
TIER 4
New Customer
PURCHASE
INITIAL LOAN AMOUNT
| MAXIMUM LOAN-TO-VALUE | Maximum LOAN-TO-COST |
|---|---|
|
Up to 70% of the As-Is Value
|
Up to 70% of the As-Is Value
|
MAX LOAN AMOUNT
| MAXIMUM AFTER-REPAIR VALUE | TOTAL LOAN-TO-COST |
|---|---|
|
Up to 65% ARV
|
Up to 82.5% LTC
|
REFINANCE
| MAXIMUM LOAN-TO-VALUE | Maximum LOAN-TO-COST |
|---|---|
|
Up to 65% of the As-Is Value
|
N/A
|
| MAXIMUM AFTER-REPAIR VALUE | TOTAL LOAN-TO-COST |
|---|---|
|
Up to 65% LTC
|
Up to 82.5% ARV
|
READY TO GET STARTED?
Investor Rental Portfolio Loans
Proffered provides investors with the financing to build long term wealth with our Investor Rental Portfolio loan program. With flexible term lengths and low rates, our clients have everything they need to grow their real estate empire.
Loan Criteria Average Portfolio Value: $100k
Collateral
Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes; Multi-Family Apartment Buildings (5 – 9 Units)
Term:
3, 5, 7, & 10 Year
Amortization Options:
3 Year Term: 30Y Amort + 3Y Balloon, or 3Y IO + 3Y Balloon
5 Year Term: 30Y Amort + 5Y Balloon, or 5Y IO + 5Y Balloon
7 Year Term: 30Y Amort + 7Y Balloon, or 7Y IO + 7Y Balloon
10 Year Term: 30Y Amort + 10Y Balloon, or 10Y IO + 10Y Balloon
Minimum Loan Amount:
$55k per Individual Property
Minimum Property Value:
Individual Property Value:
1 Unit: $75k
2 – 4 Units: $100k
5 – 9 Units: $125k
Average Portfolio Value:
$100k
Credit Score:
Minimum Occupancy Rate:
90%*
*As Evaluated by Both Property Value and Unit Count
Minimum DSCR Requirement:
1.20