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We permit 100% CLTV, (Combined Mortgage to Value) Which means we allow both the vendor or one other non-public lender to finance the remaining 10% of fairness as a second observe. At Tidal Loans we provide as much as 100% repair and flip loans to Texas Actual Estate traders. We are going to finance up to 100% of the purchase and rehab value so long as the purchase and rehab amount is inside our 70% of the ARV (After Restore Worth). This is the place an actual property investor makes use of an investor rehab mortgage to quickly secure a distressed real property property, receive funding for the repairs, and get the property again listed available on the market. This gives our borrower’s nationwide 100% repair and flip loans. For our investor’s different states. The only funds our shoppers will have to convey to the closing desk in this situation will be the closing cost That 10% is the amount the borrower would’ve had to bring to the closing table. (We lend nationwide apart from Minnesota and North/South Dakota) We'll fund up to 90% of the purchase price and 100% of the repairs.
