New NOO 1 - 4 Unit Program
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SECC’s non-owner occupied 1 to 4 unit residential loan program is ideal for experienced investors and novices alike. We offer interest only rehab loans for the short term flipper and fully amortized mortgages for the buy and hold borrower. 

We require no personal or property income, no primary residence ownership 
and no investment experienceSECC also finances foreign nationals and offers non-recourse loans to seasoned investors.

This program is currently available in: CA, CO, CT, FL, GA, IL, MD, MI, MO, NC, OH, PA, SC, TN, TX, VA, WA and WV.

Term Sheet Requirements
  • Completed Online Application
  • Recent Tri-Merge FICO Credit Report (< 60 days, borrower pulled is ok!)
No 1003 or PFS | No Tax Returns | No Rent Roll | No Submission Form 
Rehab/Bridge Loans
  • $75,000 to $1,000,000
  • 6 and 12 Month Terms
  • 500 Credit Minimum
  • To 90% Purchase LTV
  • To 100% of Rehab
  • 80% Refinance
  • Unrestricted Cash-Out
  • Interest Only
  • No Prepay Penalty
  • No Exit Fees
  • No Junk Fees
  • 1 to 2 Week Close
Permanent Loans
  • $75,000 to $2,000,000
  • 3/1 and 5/1 Arms
  • 30 Year Amortization
  • 640 Credit Minimum
  • 321% and 54321% PPPs
  • Rate +1.5% for PPP Buy-Out
  • No Junk Fees
  • To 75% Purchase/Refinance
  • Unrestricted Cash-Out
  • No DTI or DSCR
  • No Occupancy Required
  • 1 to 2 Week Close
What Else?

- Rates From 7% (Bridge & Perm.)
- Only $799 Out-of Pocket (Appraisal & Processing)
- Foreign Nationals (Non Citizens) up to 60% LTV
- No Property Management Company Required
- No Investment Experience Required
- No Primary Home Ownership Required
- No Limit on the Number of Properties Financed
- No Population Restrictions
- We Lend in Michigan and Illinois!
- Vacant Properties are Acceptable
- Same Day Term Sheets

*Non-Owner Occupied Only, Borrower Cannot Live There*

ApplyEmail, or Call:
(888) 268-7778

South End Capital Corporation "SECC", founded in February of 2009, is a direct, non-conforming lender (CA Finance Lenders License # 603 L334) providing collateralized and uncollateralized loans to business owners and real estate investors nationwide. SECC considers loan requests for most commercial purposes, to most industries and against most collateral.

SECC offers easy online applications, excellent service, prompt responses, generous compensation to approved partners, and custom tailored loans—we evaluate actual need, not just the application.

Copyright © 2015 South End Capital a division of Stearns Bank, N.A., All rights reserved.

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