First Banc Capital

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Who Need A Fix & Flip Loan?

Do you need Fix &flip financing? Do you need to pull cash out of your rentals?

Are you looking to purchase Commercial Real Estate? Apartments? Give us a call or email us with your scenario.
614-699-2262 or 678-902-2626 Email [email protected] Visit us online www.firstbanccapital.com

Merry Christmas from all of us at First Banc Capital.

Another Recent Fix and Flip Closing near Cleveland Ohio, Borrower purchased at Auction we were able to finance with 10% down and financed 100% of rehab funds.
Call us today to see if we can help you with your Fix and Flip project. Or apply online 24/7
http://www.firstbanccapital.com/fix-flip-1-to-4-unit-application/
FIRST BANC CAPITAL.
614-699-2262 or 678-902-2626
[email protected]
www.firstbanccapital.com

Happy Thanksgiving from everyone at First Banc Capital.

Thank You for your service.

Just closed this Fix and Flip loan in Florida. Borrower bought the property at auction and there was no access aloud until after closing. No appraisal just a BPO. Borrower was a seasoned flipper so we were able to fund 90 LTV. $250,000.00 + $10,000.00 in rehab funds. Www.firstbanccapital.com Email [email protected]
614_699-2262 or 678-902-2626

Happy Labor Day!

Apply for a Fix and Flip or Commercial loan online 24 hours
www.firstbanccapital.com

Another Great Fix and Flip program with lower Liquid asset requirements.
FIRST BANC CAPITAL'S Newest Fix and Flip Loan program

NOTE: You cannot buy a home to live in. Non Owner Occupied properties only!!!!!

We offer competitively priced loans, and quick closings.

Rehab Programs
� Fix and Flip - Simple rehab to full blown cosmetic rehab. For first timers and seasoned investors who buy, rehab and sell non-owner occupied residential properties of up to 4 units.

� Buy, Tear Down, and Build
� Fix and Rent
� New Construction Ground up or Tear Down

Loan Features
� $100,000 - $2.5M loan amount
� Flexible underwriting with minimal documentation
� Quick closing time - 10-14 days or less available
� Maximum LTV (purchase): 85%
� Maximum ARV (after-repair value): 75%
� Maximum LTC Rehab /construction: 100%
Most fix and flip loans are 85/100 here.
MINIMUM Credit score is 620
� Extremely competitive rates
Liquid Assets, just enough money to close the loan, no seasoning, no sourcing
An easy way to qualify: if you have 25% of the purchase price in cash, that's usually enough.
That covers down payment, closing costs, interest reserves, and 10% of the rehab budget.
� Loan term: 6-18 months
� Extensions options available
� In-house easy draw process for Construction Loans: fulfilled in four days
� Property types: single-family residence, townhome, planned unit development, condominium, 2-4 unit, multi-family (5-25 units)
� All properties must be non-owner occupied
� No prepayment penalties
� Markets: AZ, CA, CO, DC, FL, IL, MD, NC, PA, TN, TX, VA & WA
� Foreign national: subject to a lower LTC/LTV threshold

Loan Benefits
� Easy lending on residential and rehab projects
� Less capital required to complete a project
� You are covered if projects are extended (Quick access and hassle-free draws)

First Banc Capital
614-699-2262
678-902-2626
[email protected]
www.firstbanccapital.com ( Fill out our Fix and Flip online application 24 hours)
Offices in Columbus Ohio & Atlanta Georgia
Lending Nationwide

First Banc Capital - Home First Banc Capital, Columbus, Ohio 43216 Atlanta, Georgia 30303 Commercial Real Estate Financing