100% of your project cost including purchase, rehab and closing costs.  If the borrower can meet all conditions (credit, available reserves, LTV, etc), the borrower can obtain funding for 100% of the project cost.  The only up-front costs are $12 to obtain a tri merge credit report (paid to lender), and an appraisal fee (paid to the appraiser).

This is a 9 month loan with interest rates starting around 9.5%.  Minimum credit of 680 is required, and has a  commitment fee of 4% – 5%.

Currently available in the following states: IL, IN, KS, MI (no Detroit), MO, NC, OH, PA, TN.  For great borrowers with great deals, the lender may consider other states.