Our loans are made on the After-Repaired Value (ARV)
- Appraisals must be ordered through Wildcat Lending, and performed by our appraisers. No exceptions.
- Properties should be located in or around suburban and/or major metropolitan areas: Dallas/Fort Worth, Houston, Austin, San Antonio, El Paso, Lubbock, Midland, Odessa, etc
- A mortgagees title policy is required.
- An insurance policy is required on all loans for the term of the loan.
- Wild Cat Lending reserves the right to adjust down payment requirements as deemed necessary.
- Up to 70% of the After Repaired Value (excluding points & fees)
- 6 month term
- 3 month optional extension
- 12.0% interest only payments
- 3 to 6 points origination (Depends on location)
- Appraisal Fee: $350 to $450 (Dependent upon location and independent appraisers fee)
- Inspection Fee: $100/ inspection
- Loan Documents: $475
- Loan Administrator Fee: $500 to $1,000
- Credit Report Fee: $25.00