Short Term Renovation Loan Program
Verus Short Term Renovation Loan Program
Short Term Renovation loans provide financing to borrowers interested in purchasing homes in need of repair.
Purchase and Delayed Financing
- Terms up to 18 months
- FICO 600 Min
- As is LTV for Purchase loans to 85%
- 100% renovation funds subject to AR LTV up to 75%
- SFD, condos and 2-4 Units: OK
- 5+ units by exception
- Loan amounts up to $4mm
- Experienced and less-experienced programs available
- Small and Large renovation projects financed
- Ground-up Programs available
Our non-QM programs break through the barriers that keep creditworthy borrowers from the financing they need, through proven processes and common-sense underwriting.