Philadelphia Row Homes Philadelphia Row Homes
Investment

Real Estate
LINE OF CREDIT

• Leverage equity in existing properties to grow portfolio

• Fast access to cash to seize opportunities

• Save time and money

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CASH ON DEMAND

Access funds when you want to take advantage of investment opportunities

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INVESTMENT STRATEGY IN ONE PLACE

Have fast access to cash without withdrawing money from other accounts

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MULTIPLE USES

An IRE Line is a revolving line of credit and borrowing against the line can be done multiple times

*If approved, Firstrust will require to have first lien.

Credit Structure*

✓ Up to 65% Loan-to-Value

✓ Debt-Service-Coverage-Ratio 1.25x

✓ Minimum loan amount $100,000

✓ Rates are prime-based

✓ Minimum credit score 650

✓ Closing costs and fees vary

✓ Yearly review

 

How to use a IRE LOC

✓ New investment property

✓ Purchase building for growth

✓ Rehab to buy

✓ Finance construction projects

✓ Fix and Flip

✓ Purchase multifamily units

 

*All credit is subject to approval. Rates are dependent upon credit history. Fees and closing costs vary based on project.
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