Our FlexPerm program allowed this investor to lock in a 30-year fixed rate with no points or balloon payment, blowing away the hard money options when the bank passed on financing this senior care facility.
Conventional lenders were unable to finance this senior care facility because the property did not meet their debt service requirements. Before turning to hard money for short-term financing the broker called Velocity. Our FlexPerm program provided a 30-year fixed
The investor of this prime location SFR owns too many properties to qualify for a traditional bank loan, so her broker turned to Velocity for our flexible, asset-based mortgage programs. Our FlexTerm loan program provided the fixed-rate and full