i am curious about this private lender and i don't understand the following criteria.
# Terms from 6 to 36 months, no pre payment penalty.(does this essentially mean "no seasoning" ?
# Construction & Rehab loans up to 100% LTC at 65 LTV of the ARV.
# Land loans up to 50 LTV.
# Residential refi up to 65 LTV, purchase up to 80 LTV.
# Commercial refi up to 75 LTV, purchase up to 80 LTV.
# We are not FICO driven up to 65 LTV.
can someone please break this down and is this a good lender to borrow from?