Has completed at least 300 hours of appraisal education and accumulated 3,000 hours of experience (at least 1,500 in non-residential appraisal work). Bachelor's degree or higher from an accredited university is required.
Loan Type | Rate | Points | Term |
---|---|---|---|
DSCR ("Rental") |
6.5% - 8% | 0.5 - 2 | 30 year |
Fix and Flip ("Bridge", "Hard Money", "Fix and Rent", "RTL") |
10.75% - 12% | 1 - 2 | 6 - 18 months |