How much can you borrow?
For most transactions we lend up to 90% of the purchase price or 65% of the “as is” or “after repair” appraised value, whichever is less.
Certain deals are eligible for up to 100% financing of purchase, rehab, and closing costs. Call 888-273-3020 to find out if your deal qualifies for 100% funding.
Are there restrictions on how you can use Beacon loan funds?
Investors and Rehabbers often use the rehab funds to cover not only the repairs, but also the full purchase price of a property.
We also offer rehab loans specifically for making repairs to a property.
Properties cannot be occupied by the owners.