LEARN MORE

	Residential, one to four unit properties that can be purchased, renovated and sold in under six months. Maximum loan offered is 70% of After Repair Value (ARV).
	An overview of the three loan plans offered and the benefits associated with each option.
	Begin the process of prequalification and approval by completing the necessary forms. No loan committee. No hassle approval process.
	How to qualify. How much we will lend. Loan terms. How construction is funded. Does credit matter. More answers to important loan questions.

Where do you start?
Envision Value

Our lending programs are straightforward with a simple, yet thorough process of review and implementation. As the borrower, you will identify the property to purchase from any outside source. We provide the funds to complete the purchase of the property and subsequently secure our position with a Note and Deed of Trust depending on the local requirements of the State.

At closing, the borrower provides the required down payment, a "one time" additional interest cost or provide the required down payment and prepaid insurance costs. Title fees are also paid for by the borrower.

Loan pricing is variable and as such, borrower equity requirement will vary from transaction to transaction and is based on the future value of the property.

TYPE
Residential, single family to fourplex units. Investor properties only.

LOAN AMOUNT
$40,000 and $225,000

LIEN POSITION
First position only. No other liens can exist on the property. No re-fi's. No seller carry loans.

TERM
Maximum of 6 months.

LOAN PARAMETERS
Up to 70% of After Repair Value of property to include acquisition and rehab costs.

As such, the amount of Equity required by the Borrower will be determined on a deal-by-deal basis, based upon our underwriting guidelines. We do not use a standardized Loan to Value ratio, rather we consider each potential transaction on its own merits with a focus on the After Repair Value (ARV) of the property.

During the term of the loan you are required to make monthly interest only payments in accordance with the terms of the loan program you have selected. We value our relationship with you, the borrower. After your third property, there are programs that allow a 6 month deferred payment structure for borrowers with qualifying FICO scores above 610.

The borrower can prepay the note at any time after the 1st 30 day period with no penalty, and we pro-rate (at par) any payments received if you are closing in the middle of the month.

Where applicable, the entire transaction is represented by traditional promissory Note and Deed of Trust agreements that can be read and agreed to in a few minutes.

Along with the loan application, copies of the comps, photos and any reports you may have on the property (appraisal, environmental, survey, etc) should also be submitted to determine After Repair Value.

Please Note
There is no obligation to accept any offers made. Firm offers, subject to document review and due diligence, are made within 48 business hours after receipt of all required information. All inquiries and submitted information remain confidential and will be returned upon request.

No Hassle Qualification!
Loan Fundamentals
1. Complete and submit "Investor Profile"
2. Purchase Agreement signed by both parties
3. Project Financial and Itemized Work Summary
4. Loan Request
5. Builders Risk Insurance (must show proof at closing)
6. After Repair Value (ARV) Appraisal (obtained by Red Brick Financial, LLC
   via appraisal per RBF, LLC's discretion)
7. Title Policy (obtained by Red Brick Financial, LLC)