Description:
Only Bridge (For Acquisition) and Cash-Out Refinance Loans (No Rehab Loans) The primary benefit of a no-appraisal loan is cost savings. This loan is especially valuable for Real Estate Investors who are eligible and fit the criteria. Real Estate Investors are responsible for the costs of an appraisal, which tends to cost several hundred dollars at a minimum. When no appraisal is necessary, this is a cost that's avoided. Park Rock Capital's No Appraisal Program is truly a bridge loan designed for investors who want to close deals fast within days. Property types can vary from non-owner-occupied residential to mix-used properties.
Experience Level
Any
Terms
12 months
Credit Score
620 (min. FICO)
Interest Rate
12%
Points
4
Close Time
1 to 4 weeks
LTV
N/A
LTC
(Rehab or New Construction)
No Rehab Loans
Loan Amount
$75k to $2MM
Geography
Miami metro area (FL)
NY, NJ, CT, and neighboring areas
SIMPLE PROCESS - FAST CLOSING
TRUSTED SERVICE - GREAT TERMS
QUICK APPLY HERE!
CONTACT A LOAN SPECIALIST TODAY!
GISELLE CINTRON
Head of Originations
e. giselle@parkrockcapital.com
o. +1.201.785.6229 x-230
EDWARD SHAMLIAN
Relationship and Sales Manager
e. edward@parkrockcapital.com
o. +1.201.785.6229 x-222
Park Rock Capital is an asset-based direct lender.
We are able to assist you on your next real estate investment — quickly and competitively.
Our highly experienced team works with real estate investors throughout the U.S and lends across major U.S. metro markets.