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Loan Programs

Genesis Capital currently offers two basic loan programs:

 

Investor Rehab Program A

 

PrePay:                None

Term:                    3 months with optional 3 month rider*

Rate:                     12.99% 

Points:                  3             

Underwriting

and Doc Fees:    $1950.00

 

Investor Rehab Program B

 

PrePay:                None

Term:                    4 months with optional 3 month rider*

Rate:                     12.99%

Points:                  4

Underwriting

and Doc Fees:    $1950.00

 

Investor Rehab Program C

 

PrePay:                None

Term:                    6 months with optional 3 month rider*

Rate:                     12.99%

Points:                  5

Underwriting

and Doc Fees:    $1950.00

*Loans can be extended for one 3 month term at a cost of 1 point per month.

- We lend up to 80% of the purchase price, not to exceed 60% of current market value.

- All interest payments made up front.

For more information on submitting a loan to Genesis, please visit our Submissions page or contact us at 818-707-9600