RFG’s combined 50 years of real estate and lending experience have helped THOUSANDS of investors become successful renovation professionals. We believe strongly in matching you with the loan that best meets your specific needs. Our goal is to keep you liquid so you retain the most cash in your bank account. When other lenders won’t, RFG will!
Rehab Financial Group
Rosemont, Pennsylvania
100% Financing for Fix-to-Flip/Rent and New Construction
Rehab Financial Group, LP makes secured first lien loans to real estate investors requiring capital to acquire, improve, own, operate, manage and sell non-owner occupied properties in 38 states.
RFG’s focus is on 100% financing, offering loans to cover 100% of purchase and 100% of rehab costs.
- Will fund up to 100% of purchase and 100% of repair costs
- Points as low as 2.0 points (paid at closing)
- 4 month, 8 month & 12 month term options for rehab loans
- 620 minimum FICO score; below 620 will need a co-borrower or guarantor
- We also offer DSCR Long-Term Rental Loans to refinance after the rehab
RFG’s focus is on 100% FINANCING, offering loans to cover 100% of purchase and 100% of rehab costs!
What’s the catch for getting 100% financing? There is no catch, but we care about credit and income. We require tax returns to confirm that the borrower has the capacity to make the interest payments during the loan term and has the means to cover any cost overruns in case the rehab project goes over budget. This helps minimize the risk of default and foreclosure. We want our clients to succeed, and we don’t want to own their properties.
Please Note: We do NOT consider land, owner-occupied homes or commercial properties, except small multifamily up to 20 units.
Property Geographic Area Details
38 States: AL, CO, CT, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NH, NJ, NM, NY, NC, OH, OR, PA, RI, SC, TN, TX, UT, VA, WI, WV. We do NOT lend in Detroit, Cleveland, Baltimore.
Loan Amounts
$50,000 to $2,000,000
Interest Rates
11.875% to 13%
Loan Terms
4 months to 12 months
Origination Fees
2% to 4%
Lien Position
1st
Maximum Leverage
Purchase Long-Term
Max LTP Residential: 80%
Max LTP Multifamily: 80%
Refinance Long-Term
Max LTV Residential: 75%
Max LTV Multifamily: 75%
Residential Fix & Flip
Max LTP: 100%
Max LTC: 100%
Max LTARV: 70%
Residential Rehab & Hold
Max LTP: 100%
Max LTC: 100%
Max LTARV: 70%
Multifamily Value-Add
Max LTP: 100%
Max LTC: 100%
Max LTARV: 70%
Residential Construction
Max LTC: 100%
Max LTCV: 65%
Multifamily Construction
Max LTC: 100%
Max LTCV: 65%
100% Hard Money Premier Loan Program
- LTP: 100% of the Purchase Price
- LTC: Up to 100% of repair cost
- LTV: Up to 70% (Based on After Repair Value)
- Loan amount: $50,000 to $2,000,000
- Credit Score: 620 minimum – FICO scores below 620 will need a co-borrower or guarantor
- Origination Fee: As low as 2.0 points (paid at closing)
- Interest Rate: As low as 9.99% interest (payable monthly)
- Loan Term: 4-12 months – You must sell or refinance the property to pay off the loan
- 3 months of interest reserves
- Additional closing costs are due at time of closing
- One-time $250 application fee
- No prepayment penalty
- Financing delivered in 14 days or less
Documentation Required for 100% Hard Money Program:
- Completed Loan Application (with releases)
- Last 2 years’ tax returns (both business and personal)
- Business entity documents that name the people authorized to sign for the entity
- Agreement of sale
- 6 months most recent bank statements (business and personal)
- 2 most recent pay stubs (if applicable)
- Copy of driver’s license
- Itemized list of repairs
Why We Require Tax Returns
We require tax returns to verify that the borrower has the ability to make the interest payments during the loan term and has the means to cover any cost overruns in case the project goes over budget (we won’t increase the loan amount after funding). This helps minimize the risk of default and foreclosure. We want our clients to succeed, and we don’t want to own their properties.
Broker Price Opinion (BPO) for Rehab Loans
The No Appraisal Option for Experienced Investors to Get Funding Faster than Ever Before! Broker Price Opinion, short for BPO, is the newest offering from Rehab Financial Group intended for experienced investors and repeat borrowers. If the requirements are met, there is no appraisal required and you will get 100% financing on hard money loans, as well as up to 70% ARV.
- This program is based on verified credit, income/cash flow, and cash for closing.
- Minimum mid-credit score of 725 with prior mortgage history paid as agreed.
- 3 or more completed projects in the past 36 months.
- HUD’s from purchase and sale of property will be required.
- BPO must be ordered with RFG through our approved vendors.
If an investor does not meet the requirements, the loan will need a full appraisal prior to funding.
Ground-Up Construction Loans
Expand your real estate investment solutions for 1-4 unit residential investment properties and developments with up to 10 homes. Featuring fast closings and common-sense underwriting. Our 100% Premier Ground Up product is a quick, smart and effective alternative for financing construction costs prior to transitioning into a long-term loan. This loan is approved based on ground up experience, cash for closing + 6 months reserves, credit and income.
- Experience Required: At least 1 verifiable completed ground-up within the most recent 12 months.
- Land LTP: 0% – We do not offer land purchase money
- Land must be purchased in advance, have a foundation poured with permits approved for building
- RFG may refund the cost of the foundation as part of the total loan subject to appropriate ARV limit
- Experienced builders may qualify for refund of land purchase price
- LTC: Up to 100% of construction costs
- LTV: Up to 65% (Based on Completed Value)
- Loan amount: $50,000 to $1,000,000
- Credit Score: 660 minimum – FICO scores below 660 will need a co-borrower or guarantor
- Loan Term: 8, 12, or 18 months
- Additional closing costs are due at time of closing
- One-time $250 application fee
- No prepayment penalty
- Financing delivered in 14 days or less
30-Year Rental Loan Refi & Purchases
For investors who have an existing short-term loan looking for an opportunity to streamline a 30-year term Debt Service Coverage Ratio (DSCR) loan for non-owner-occupied rental properties.
- Loan to Value (LTV) for Refinance: Up to 75% (including cash out)
- Loan to Purchase (LTP): Up to 80%
- Loan Term: 30 year fixed, 5/1 ARM, 10 year interest only options
- Loan Amount: $75,000 – $2,000,000
- Property Type: SFR, Condo, 2-4 Units, Mixed-Use & Multifamily up to 20 units
- Portfolio Loans also available
- Appraisal Required prior to closing
- Credit Score: 640 minimum FICO score
Initial Documents Required
- Refinance Application
- Borrower’s Authorization to Run Credit
- Property Management Form
- Bank Statements from the Past 2 Months
- Title Contact Info
- Current Driver’s License/Photo ID
- Go-Ahead From Borrower to Proceed
Secondary Documents
- Entity Documents: Operating Agreement, Article of Organization, Tax ID, LLC Consent
- Proof of Property Insurance
- Purchase & Sale Agreement
Trailing Documents
- Tenant Leases
- Tenant Payments
- Property Tax Bill
- Certificate of Good Standing
- Proof the Property Insurance Premium has Been Paid
Property Types
- 2-4 Units Residential
- Condominium
- Mixed-Use
- Multifamily
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Ground-Up Construction
- Residential Long-Term Rental
Specialty Loan Types
- Residential Long-Term Rental
100% financing only available for rehab projects. It's not for a stabilized property purchase.
Max Loan-to-Purchase Price
100%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
100%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
0Maximum After Repair Value
70%
Loans are approved based on ground up experience, cash for closing + 6 months reserves, credit and income. We require at least 1 verifiably completed ground up within the most recent 12 months. Land must be purchased in advance, have a foundation poured with permits approved for building. RFG may refund the cost of the foundation as part of the total loan subject to appropriate ARV limit. Experienced residential property builders may qualify for refund of land purchase price. 65% LTARV for credit scores over 700. If credit score is under 700, the max LTARV is 60%.
Development Experience Required
yesMinimum Number of Ground-Up Construction Projects Completed by Borrower
1Max LTC for Ground-Up Construction Costs
100%Interest Charged for Construction Costs
Entire Amount of Total Project CostsWill Lend on Partially Completed Construction Projects
no
30 year fixed, 5/1 ARM, 10 year interest only options. Minimum 640 FICO score required. Prepayment penalty is 3 years with a 3-2-1 step-down (3% fee if paid in 1st year, 2% in 2nd year, 1% in 3rd year.
Minimum Loan Amount
$75,000Maximum Loan Amount
$2,000,000Minimum Loan Term
60 monthsMaximum Loan Term
360 monthsMaximum Loan-To-Value
75%Maximum Loan-To-Purchase
80%Will Lend on a Portfolio of Properties
YesMinimum Number of Properties
2Maximum Number of Properties
25Minimum Property Value
$75,000Processing Fee
$400
Documents Fee
Varies by attorney/non-attorney state = $1500-999 respectively
Title Fee
Choice of title company/varies by loan size
Appraisal Fee
$575-675
Fees which are mandatory for all new borrower clients
- Other Fee
Rehab Financial Group Testimonials
Norwood Home Fix-to-Flip Project
"Rehab Financial has helped me get several deals done despite some out of the ordinary situations. Their flexible draw schedules and helpful team made sure my contractors got paid on time and kept the project moving. The process was very easy."
Richard O.
Atlanta Apartment Building Fix-to-Rent Project
"RFG is a great lender. The whole process is so smooth. No complaints!"
Ayesha S.
Philly Home Fix-to-Rent Project
"We view RFG as our short-term and long-term partner. They are one of the best lenders in the business."
Travis R.
Norwood Duplex Fix-to-Flip Project
"You can’t beat RFG’s deal — 100% loans make it easy."
Angelo G.
Philly Quad Fix-to-Rent Project
"I feel like RFG has grown with me. When I was first learning the flipping business, they had me focus on single family homes. After I had some successes, I brought a mixed-use property to them that had a commercial space on the first floor. They listened to my plans, and approved my loan!"
Angelo G.
Philly Mixed-Use Quadplex Building Fix-to-Rent Project
"RFG is great! They expedite paperwork processing and funding, so I can get moving on the project ASAP."
Al C.
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About Rehab Financial Group, LP
Whether you are renovating to sell or rent, Rehab Financial Group is committed to investor success! We evaluate borrowers as a whole, and ultimately try to match our broad base of loan products to meet your specific goals. By reviewing an applicant’s full financial picture, we don’t need to stick to hard-and-fast formulas, but instead use common sense underwriting and work with financially-responsible borrowers who want to flip a reasonably-priced property.
Office Locations
1062 E Lancaster Ave, Ste 15C, Rosemont, Pennsylvania 19010-1565Our Team
Contact Rehab Financial Group
Rehab Financial Group pays us to be listed, so there is no fee to connect with them directly.
Stay Informed About Private Lending
Receive our monthly newsletters with valuable insights and industry updates
Contact Rehab Financial Group
Rehab Financial Group pays us to be listed, so there is no fee to connect with them directly.
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