Loan Terms
1. Max Loan Amount: Just Bring Us Your Deal! No cap on the loan amount if the numbers make sense. Rest assured; we will help you get it done. Call us today for more details.
2.Lucerna Funding LLC has lending options from $30,000 up to the FHA Cap in the county where the property is located and can provide additional lending solutions based on the property you have under contract and type of loan needed.
3. Rates start at 8% annualized interest with an origination fee from 0-5%, and no prepayment penalties. (Rates are based on credit score but credit score does NOT determine loan approval.)
4. Loan Term: 6 Months to 2 Years for a fix & flip. 30 Years for a buy & hold.
5. One loan approved per applicant until proven track record