New NOO 1 to 4 Program - You Want to Read This!

New NOO 1 - 4 Unit Program

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NEW NOO 1 - 4 UNIT PROGRAM

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 experience. SECC 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*

Apply, Email, 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.