Line of Credit for Foreign Nationals
Loan Programs To Offer
Line Of Credit
- Close in 2 weeks or less (in most cases)
- No Credit, No Tax Returns, No Minimum Per Property Value
Fix & Flip Key Programs
- LOC for investors with mortgages & remaining equity.
- LOC up to 20% of the REMAINING equity, after existing first mortgage.
- Yes you read correctly. This is a LOC in 2nd Position.
- Foreign Nationals OK.
- ANY PROPERTY TYPE (S), EVEN LAND CONSIDERED. Mix & Match
- NO Minimum per property values
- NO Loan Application
- NO credit pull
- NO Tax returns
- NO waiting
- NO Tax returns
- NO business plans
- NO cosigners needed
- NO Tax returns
- NO business plans
- NO cosigners needed
- NO Appraisal
- NO tax returns
- NO background check authorization
- NO up-front fees
- NO Hassle
- NO Projections
- NO invasive financial
- NO pre-signed Quit Claim Deeds
- NO Projections
- NO invasive financial
- NO pre-signed Quit Claim Deeds
RATE: 1.25% per month
- TERM: 12 Months initial
- MINIMUM: $50K 100k - $250k
- Minimum 2 properties
- preferred (and up)
Costs:
- Underwriting fee: $500.00 / property
- 6 pts origination fee
- $100.00 / mo accounting fee in most cases
- 6 pts exit fee
- Paydown requirement – 80% of the NET on sale or refinance of any property secured by the LOC
- ORIGINATION FEES paid out of the line.
- Achieve 100% financing.
- Pay taxes or liens
- BUY OTHER GREAT DEALS!
- Complete repairs or renovations.
- Buy out partners
- Simply & Easy !
Why Investors Love This Program
Act Like a Cash Buyer
Skip the bank delays. Close on new properties in as little as 5-10 days.
One-Time Paperwork
Submit your documents once. You don’t need to send tax returns or passports for every single transaction.
No US Credit Needed
We qualify you based on your experience and the property value, not a US FICO score.
Pay Only For What You Use
You only pay interest on the money you have drawn, not the total limit.
Is This Loan Right For You?
| Feature | Standard Bridge Loan | Our “No-Doc” Equity Line |
|---|---|---|
| Credit Check | Required (620+) | NONE |
| Appraisal | Required ($500+ & 2 weeks) | NONE |
| Lien Position | Must be 1st Position | 2nd Position OK |
| Paperwork | Bank Statements, Tax Returns | Deed & Title Only |
| Best For | Standard flippers | Speed, Equity Unlock, Bad Credit |
Frequently Asked Questions (FAQs)
Do I need a US Credit Score or Social Security Number?
No. We do not look at your credit score. We approve you based on the value of the property and your experience.
How is this different from a regular mortgage?
A regular mortgage is for one specific house. A Line of Credit is a pool of money you can use to buy many houses, one after another, without reapplying every time.
Do I pay interest on the whole amount?
No. You only pay interest on the money you actually use. If you have a $5 Million line but only use $1 Million, you only pay interest on the $1 Million.
How fast can I get the money?
Once your account is set up, we can send funds in 5 to 10 days. This lets you make offers just like a cash buyer.
Can I use this money for renovations?
Yes. You can use the funds to buy the property and pay for the construction costs to fix it up.
Do I need to be a US Citizen?
No. This program is specifically designed for international investors living outside the US.