RTO & FINANCING
RTO- Credit Check
A credit check will only be necessary for buildings with an RTO amount over $12,000 a credit score of 600 or higher needed to proceed.
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The maximum amount able to be accepted through RTO is $20,000.
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If the building is over $20,000, the difference would have to be paid, aside from the down payment.
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Renter are eligible for contracts up to 48 month, providing a signed landlord release from the property owner.
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Owner are elegible for contracts up to 60 month
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Customers must have a minimum income of $1,000 per month.
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0- Payment Down for orders $12,000 or less
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NO Minimum RTO for 6 and 12 month contract length
Home Loan Investment
FHA Title 1 and Advantage Loans give homeowners an opportunity to quickly and affordably finance barns, garages, workshops, horse barns, metal buildings, agricultural buildings and much more!
Home Improvement Lending:
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No equity or appraisal required.
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Loan decisions for pre-qualification within 24-48 hours.
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Obtain up to $25,000 FHA Title 1 Loan for a single-family home (subject to credit approval)
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Obtain up to an additional $75,000 with our HLIB Project Specific Advantage Loan (The HLIB Project Specific Advantage Loan can only be offered in conjunction with the FHA Title 1 Loan and must be used for outdoor structure type projects. Subject to credit approva)
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Low fixed rates Flexible payment terms
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No prepayment penalties
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640 Score required for up to $25k, 640-690 can get up to $50k, 690 and above could be eligible for up to $100k
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Interest rates are between 5.95% and 12.5% depending on score.
Finance- Credit Check
For traditional financing, a credit score of 650 or higher is needed. Financing available from $1,200 to $20,000. APR is 9.99% & Up.
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24 – 60 Month Terms available on all approvals. No Early Payoff Penalty.
RTO- No Credit Check
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RTO with no credit check offers 24 – 60 Month Terms available on all approvals.
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Up to $20,000 structures
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Customer or Co-buyer Must be listed as property owner
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No proof of Income
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No payments until 30 days after installation.
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Early Payoff and Upfront payoff available.