Paramex Capital Introduces New Programs for Single Family 1-4 Investors

Paramex Capital, based in Youngstown, Ohio, introduces two new programs for Single Family 1-4 Investors.

Fix for Rent, the first single close rehab to permanent financing for real estate investors and their single family rentals. Close once, fix the property, and convert into a 30-year fully amortized loan! This program is also available for new construction.

Fix for Rent Loan Overview

Financing Types: Purchase & Rehab, Refinance
Construction Loan Term: 13-19 Month Fixed Interest, Balloon Note
Permanent Note Term: ARMs and Fixed, 30 Years from Modification, Fully Amortizing
Property Types: SFR 1-4
Single Property
Minimum Loan ARV:
$75,000
Maximum Loan Amount: $5,000,000
Minimum Credit Score: 620

 

Build to Rent loan. Get an interest-only construction loan and then convert your upgraded single family rental to a 30 yr loan, with only one closing.

 

Build to Rent Loan Overview

Financing Types: Construction Only Refi
Construction Loan Term: 13-19 Month Fixed Interest, Balloon Note
Permanent Note Term: ARMs and Fixed, 30 Years from Modification, Fully Amortizing
Property Types: SFR 1-4
Single Property
Minimum Loan ARV:
$75,000
Maximum Loan Amount: $5,000,000
Minimum Credit Score: 620

To apply, please contact us by clicking here on this link.

Or call (833) PARAMEX Ext. 0 (833) 727-2639 Ext. 0

Email us to inquire: info@paramexcapital.com

SHARE IT: LinkedIn

Related Posts

Leave a Reply

You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>