Roc's flagship program provides lenders with capital to lend to investors looking to purchase and rehab investment properties (1-4 family homes and condo units). This program is targeted at 1-4 family homes and condo units where the renovation budget is typically <50% of the purchase price. Prior borrower experience in similar projects is required. Roc is a reliable capital partner for private lenders, offering quick turnaround times and preferred financing terms for repeat borrowers with an active pipeline of transactions.
|Loan Type||Senior 1st mortgage loans only|
|Loan Amount||$75,000 to $25,000,000|
|Maximum Term||Up to 18 Months|
|Interest Rate||7.99%+ (Interest Only)|
|Loan to Cost||
|Loan to After Repair Value||Up to 70% of fully appraised value|
Roc is pleased to announce the addition of Single Family Rental loans to our range of products. Program details will be released soon.
|Loan Type||Program details will be released soon|