rehab loan terms

Rehab Loan terms – Builders Control and Residential Rehab Lending

Posted onFebruary 10, 2010December 11, 2012Authoradmin

We last looked at the prepayment feature of rehab loans, and the difference between a prepayment penalty, guaranteed interest and an interest reserve. Today we are going to look at another component of rehab loans, the builders control or fund control account. There are two basic types of loans you will take if you are Read More …

Posted onFebruary 9, 2010December 11, 2012Authoradmin

If you are looking for a rehab investor loan on residential property, there are a number of rehab loan terms you will want to be familiar with. For most residential rehab investor loans, you will be making interest only payments for anywhere from three to twelve months. Many of these residential rehab loans will have Read More …