This is a great program for investors that fix & flip properties quickly.Interest Only payments for a 12 month term with balloon payment due at end of term.
A two-year term gives you the flexibility to fix & flip, buy & hold, engage in an extended rehab, or even qualify for a conforming loan down the road.Interest Only payments for 24 month term with balloon payment due at end of term. The loan has a minimum period of 8 months interest payments.
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