Vacant Land Loans
Vacant Land Loans are evaluated on a case-by-case basis.
MRV Capital Loan Program is designed for builders, investors, developers, US residents, and foreign nationals.
Fix, Flip & Rehab
Fix and Flip and Rehab on Real Estate Properties (Residential & Commercial) MRV Capital LLC provides short-term loans from 1-3 years Interest Only. If you have a Larger Rehab/Renovation Project that is going to take more time, we can extend your loan for one more year. MRV Underwriting process is fast and closing time normally within 2-3 weeks, with the flexibility, speed, and professionalism you need. Loan Amount – From $100,000 Up to $15 Million.
Residential Properties – (Investment only) – Single Family Homes – Townhomes – Condos
Commercial Properties – Multifamily – Shopping Centers – Strip Malls – Marinas – Gas Stations and more
MRV Capital Fix & Flip/Renovation Loan Benefits:
- Up to 90% Financing – 70% ARV
- Interest Only Payments
- Interest rates based on recent investment experience & credit
- Competitive rates in high-end projects
- Up to 3 Years Financing available
Fix & Flip, Rehab Loans Guidelines
No Credit, No Income Evaluation
Property Types
- 1-4 Units (Duplex, Triplex)
- Commercial/Residential Development
- Multifamily
- Mixed-use properties
- Commercial (Office, Retail, Warehouse, Automotive)
- Vacant land for development
Key Features
- Up to 65% LTV
- Up to 70% loan to cost
- Loan Amount from $200K Up to $10 Million
- 12-24 month interest only financing
- No USA credit required
- Up to 60% LTV on vacant land
Documentation Required
Fix and Flip & Renovation
- Project (Proforma)
- Cost breakdown
- General contractor information
- Owner(s) financial statement
- Background resume