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Traditional Lenders


Village Bank

Renovator Loan- Residential
  • 100% Financing (includes acquisition, repairs, and sometimes closing costs)
  • No limit on closing costs from the seller
  • 8% Rate (Interest only) with 1 point Zero origination for loans over $100,000 during renovation phase
  • Final loan based on as completed repair of 80 percent loan to value
  • Able to finance even if you own more than four properties
  • No loan amounts under $50,000
  • Repairs cannot exceed 40% of purchase price
  • 1-4 unit properties allowed
  • Richmond area only
For More Information Contact John King at 804-419-2813
 
Commercial Loan Product- Residential
  • Up to 75% LTV
  • Twelve (12) Month Loan
  • Low Rates Between 7.0% - 8.25%
  • Line of Credit to Fund Multiple Properties
  • Local Well Established Bank
For More Information Contact David Fahy at 804-419-1237


Hard Money Lenders

Equity Development Corporation
  • 100% FUNDING
    Acquisitions, Construction, Closing Costs
  • SIX (6) MONTH LOANS
  • LOANS UP TO 73% LTV
    (Based on the After Repair Value)
  • NO MONTHLY PAYMENTS
  • CLOSINGS WITHIN 7–14 DAYS
  • VERY COMPETITIVE RATES
  • NO PREPAYMENT PENALTIES
  • FULL SERVICE CONSULTING
    Services included in the cost of financing
  • NO LIMIT
    on the Number of Properties
  • LOAN APPROVAL
    within 24–48 Hours
  • NO HIDDEN FEES
For More Information or to Apply Online Go to www.EDClender.com or call us at (804) 565-9720.

Great Northern Trading Company

  • Loans Up to 70% of LTV/ARV
  • Six Month Loans
  • Three Month Extension if Needed
  • No Pre-Payment Penalties
  • Competitive Rates
  • Your Choice of Loans (1 Without Making Monthly Payments)
  • Both Acquisition and Repair Loans Available
For More Information contact Brooke Gilliam at 540-454-4950.



Check Out the Eagle Advantage Today!

Where Honesty and Integrity Matter

American Eagle Investments
EagleHouseDeals.com

10307 W. Broad Street, #335
Glen Allen, VA 23060
804-565-9720

 
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