Term 18-24 months
Interest Rate: Starting at 5.99% 
Advance Rate (Max Per Draw) Up to the lesser of 80% LTC or 75% LTV
Line Sizes $1M – $25M
Eligible Properties Individual or multiple properties Single-family, condo, townhome, 2-4 units, multifamily properties (< 50units) *Larger multifamily properties on exception basis
Ineligible Properties Commercial, co-ops, manufactured, vacation rentals
Time To Close Average 15-20 days
Revolving Yes for lines >$3M
Payment (Monthly Payments) Interest on advance amounts
Prepayment Penalty None
Advance Repayment Earlier of 9-12 months or line maturity
Recourse Line >$3M, non-recourse w/ carve out, otherwise full recourse
Draw Fee As low as 1%
Minimum Asset Value $50,000
Net Worth 20% of line requested amount >$3M
Liquidity 20% of line requested amount <$3M
Bank Statements 2 months
Credit Score FICO 660+
No Income required