REI Lending Network

Fix and Flip Loans
- Interest Rate: 8% – 12% (typically higher due to short-term nature)
- Loan Term: 6 – 24 months
- Loan-to-Value (LTV): 80% – 90% of purchase price or 100% of rehab costs
- Points: 1 – 3 points

DSCR (Debt Service Coverage Ratio) Loans
- Interest Rate: 7% – 9%
- Loan Term: 30-year fixed or adjustable (5/1, 7/1 ARM)
- Loan-to-Value (LTV): Up to 80% for purchases; 70% – 75% for cash-out refinances
- Prepayment Penalty: Usually 54321 or 321 prepayment penalty structure
- Minimum DSCR Ratio: 1.25x

Refinancing for Investment Properties
- Interest Rate: 6.5% – 9%
- Loan Term: 15 – 30 years fixed or adjustable
- **Loan-to-Value (LTV):** Up to 75% – 80%
- Cash-Out Refinancing LTV: Typically lower, around 65% – 70%
- Points: 1 – 2 points

**New Construction Loans**
- Interest Rate: 7.5% – 10%
- Loan Term: 12 – 36 months
- Loan-to-Value (LTV): Up to 90% of construction costs or 75% of the future value
- **Points:** 1 – 3 points
- Draw Schedule: Based on project milestones

**These rates can fluctuate based on the borrower's credit profile, the property’s location, and the lender’s risk appetite**

Origination Fees: As low as .5 to 4 points (% of loan amount)

Legal Fee
1 Property: $995
2 Properties: $1,495
3-5 Properties: $1,995
6-10 Properties: $2,495
11 - 15 Properties: $2,995
15+ Properties: TBD

Appraisal Market Price

Title Fees Market Price

Owner's Title Insurance Optional depending on state (market)

Lender's Title Insurance Required (market)

Flood Certificate $25 per property
Appraisal Review $90 to $165 per property

Servicing Set Up $30

Draw Fee (if applicable) $200 to $270

Wire Fee (if applicable) $30

2646 S Loop W, Houston, TX 77054