SMCC Capital offers hard money loans for fix and flip investors in Georgia. They have been in business since 2012 and funded over 500 loans. Rates range between 12% to 15% and they’ll lend up to 65% LTV/ARV. They were rated 4 stars based on 4 Freedommentor Reviews.
Lender Information
| Business Name: | SMCC Capital |
| Business Website: | smcccapital.com |
| Business Address: | PO Box 548 Newnan, GA 30264 US |
| Business Phone: | 7706831239 |
| Business Email: | smcccapital.com/contact-us |
| Business Established: | 2012 |
| Facebook: | facebook.com/SMCCCapital/ |
| Twitter: | twitter.com/smcc_capital |
SMCC Capital: Rates & Terms
| Types of Properties | Non-owner occupied properties only |
| Loan Amount | $25,000 to #250,000 |
| LTV | 65% |
| ARV | 65% |
| Interest Rates | 12% to 15% |
| Lender Fees | Origination fee: 4 to 5 points ($3000 minimum) Closing costs |
| Loan Terms | 6 to 15 months |
| Minimum Qualifications / Documentation | No minimum credit score required 15% to 25% down payment Non-owner occupied properties only |
| Time to Funding | 1 week |
| Other Financing Available | Buy and Hold Buy and Sell Cash Out Refinance |
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
Popular Hard Money Lenders 2019
Lender | Best For |
|---|---|
Investors who want competitive rates and fast funding for residential fix and flips | |
Landlords wanting to refinance or grow their rental portfolio | |
Short-term investors looking for a good residential fix-and-flip hard money loan option | |
Investors who want great customer service with a local bank feel from a 44-state lender | |
Fix and flippers who want an alternative to LendingHome, but with a commercial component |
States Currently Lending In
Georgia
