
LOAN PROGRAMS
No application fees
Approval based on property value
Flexible loan programs
All credit scores accepted
Same day approval
Fast funding
Close with or without a corporate title
Domestic & Foreign nationals welcome

At Palermo Financial Group, we offer a range of loan options to meet your needs, including:

Bridge
Max Loan to Value: Up to 70%
Interest Rate: Starting at 9.99%
Payments: Interest Only
Term Length: Up to 24 months
Loan Size: $100,000 - $3,000,000
Asset Classes: SFR, Condo, Multifamily, Commercial, Other
Timing to Close: As quick as 24 hours but typically 7-10 days
Escrows: N/A
Occupancy: Non-Owner Occupied

Fix & Flip
Max Loan to Value: Up to 70%
Interest Rate: Starting at 9.99%
Payments: Interest Only
Term Length: Up to 24 months
Loan Size: $100,000 - $3,000,000
Asset Classes: SFR, Condo, Multifamily, Commercial, Other
Timing to Close: As quick as 24 hours but typically 7-10 days
Escrows: N/A
Occupancy: Non-Owner Occupied

Refinance
Max Loan to Value: Up to 65%
Interest Rate: Starting at 9.99%
Payments: Interest Only
Term Length: Up to 24 months
Loan Size: $100,000 - $3,000,000
Asset Classes: SFR, Condo, Multifamily, Commercial, Other
Timing to Close: As quick as 24 hours but typically 7-10 days
Escrows: N/A
Occupancy: Non-Owner Occupied

Required Documents
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Loan Application
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Contract (Purchase)
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Payoff (Refinance)
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Appraisal
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Hazard Insurance with Replacement Cost Estimate for Windstorm
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Liability Insurance for at least the loan amount
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Flood insurance (if applicable)
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Condo Approval (Condos)
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H06 (Condos)
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Estoppel (Condos)
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Copy of any lease affecting the property
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Articles of Incorporation for the LLC/corporation that's going to hold title
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Operating Agreement for LLC if multi-member LLC
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EIN for Borrower LLC
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SSN for Guarantor(s)
Conditions for Approval
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Complete application & satsifactory review of required documents
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Certificate of Insurance acceptable to Lender
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Review of Credit and Background Check for Guarantors.
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Borrower must meet any other terms and conditions and provide any additional documentation that may be required by Lender or its counsel.