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The Benefits of Residential Loans

Residential loans are short-term, asset-based loans typically used by real estate investors to purchase, renovate, or refinance properties. Unlike traditional loans, which rely heavily on the borrower's creditworthiness and income, loans focus primarily on the value of the property being financed. This makes them an excellent option for individuals who may not qualify for conventional financing due to poor credit, irregular income, or other financial challenges.

At RAM, we specialize in residential loans that are as flexible and dynamic as the clients we serve. Whether you're eyeing a single-family residence, a condo, or a multi-unit property, our tailored financing solutions are designed to bridge the gap between opportunity and success.

Loan Programs - Refinancing & Purchases

SFR, CONDO AND 2-4 UNITS
1st Liens
  • Up to 75% LTV for purchase, up to 65% for refinance.
  • Rate from 10.99% for purchase, rate from 12% for refinance.
  • 12 - 24 months loan term.
  • Minimum 620 FICO.
  • 3 - 6 months prepay
2nd Liens
  • Up to 65% CLTV.
MULTIFAMILY
1st Liens
  • Up to 65% LTV for purchase, up to 65% for refinance.
  • Rate from 10% for purchase, rate from 10.5% for refinance.
  • 12 - 24 months loan term.
  • Minimum 620 FICO.
  • 3 - 6 months prepay
2nd Liens
  • Up to 65% CLTV.

The Advantages of Residential Loans

  • Quick Approval and Disbursement
  • Flexible Underwriting Criteria
  • Asset-Based Lending
  • Short-Term Financing Solution
  • Competitive Interest Rates
  • Opportunity for Property Renovation and Improvement

Note: This program is more of an informative nature, to give you an approximate understanding of what to expect from us when making a decision to fund or not. These criteria may vary depending on your exact property and scenario.

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