*Rates, terms, and conditions are applicable only to qualified borrowers based on our current guidelines, property factors, and geographic location. These are subject to change without prior notice. This is a non-binding expression of interest and does not constitute a legally binding commitment or obligation by PIA Capital or its affiliates. All offers are subject to our credit, legal, and investment approval processes. Rates and terms are as of 06-11-2025.
Qualification for rehab loans is based on the borrower's experience, an acceptable borrower entity, and a satisfactory background and credit report.
Yes, the loan can be used for both purchase and rehab.
The disbursement process follows a draw schedule. Depending on the project type and the borrower's experience, they can receive either reimbursement draws or advanced draws.
The required documents include an application, appraisal, entity documentation and scope of work.
A refinance or extended fix and flip loan can be potentially converted into a long-term loan, subject to approval. Extensions are also feasible with proper authorization.
For rehab projects, it is recommended to have a 10% contingency fund included to account for unforeseen expenses or unexpected changes during the renovation process.
