Loan Programs
AmeriStar Financing provides both short-term and long-term funding solutions designed for real estate investors. Whether your strategy is fixing and flipping properties or building a rental portfolio, we offer flexible loan programs tailored to fit your goals.
Final loan conditions are determined by the loan product selected, verification of borrower information, and other risk-related considerations.
FIX & FLIP
AmeriStar Financing’s Fix-and-Flip Loan Program provides funding up to 95% of the property purchase price plus 100% coverage of renovation expenses, capped at 75% of the projected after-repair value for rehab projects.
Additionally, AmeriStar Financing charges interest solely on the amount you’ve drawn, excluding the renovation holdback, ensuring you only pay for the funds you actively use.
LOAN CRITERIA
Collateral
Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes; 5+ Unit Apartments; Mixed-Use Properties
LTV:
Up to 95% of the Purchase Price + 100% of the Renovation Cost; Not to Exceed 75% of the ARV
Term:
12 – 18 Months
Minimum After Repair Value:
$100k for Single-Family
$100k for 2-4 Family
$375k for Multi-Family (5+)/Mixed-Use
Loan Amount:
$75k – $2M for 1-4 Family, Condos, & Townhomes
$250k – $3M for Multi-Family (5+)/Mixed-Use
Minimum FICO:
650
Rates:
As Low As 9.24% (Interest Only Charged on Outstanding Balance)
Pre-Payment Penalty:
N/A
ARV Loan Program Typical Leverages & Rates
EXPERIENCE LEVEL:
Completed 5+ Fix and Flips in the Last 3 Years
PURCHASE
LIGHT REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 95% of Purchase Price
+ 100% of Rehab Costs
Up to 75%
of the ARV
PURCHASE
MODERATE REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 92.5% of Purchase Price
+ 100% of Rehab Costs
Up to 75%
of the ARV
PURCHASE
HEAVY REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 85% of Purchase Price
+ 100% of Rehab Costs
Up to 70%
of the ARV
EXPERIENCE LEVEL:
Completed 1-4 Fix and Flips in the Last 3 Years
PURCHASE
LIGHT REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 90% of Purchase Price
+ 100% of Rehab Costs
Up to 75%
of the ARV
PURCHASE
MODERATE REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 90% of Purchase Price
+ 100% of Rehab Costs
Up to 72.5%
of the ARV
PURCHASE
HEAVY REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 80% of Purchase Price
+ 100% of Rehab Costs
Up to 65%
of the ARV
EXPERIENCE LEVEL:
Completed 0 Fix and Flips in the Last 3 Years
PURCHASE
LIGHT REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 85% of Purchase Price
+ 100% of Rehab Costs
Up to 70%
of the ARV
PURCHASE
MODERATE REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 85% of Purchase Price
+ 100% of Rehab Costs
Up to 70%
of the ARV
PURCHASE
HEAVY REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 70% of Purchase Price
+ 100% of Rehab Costs
Up to 60%
of the ARV
LONG-TERM RENTAL/DSCR
AmeriStar Financing is dedicated to supporting your real estate ventures through our Long-Term Rental Loan Program. With a 30-year term and competitive rates beginning at 5.50%, we provide reliable, long-term financing solutions tailored for your investment success.
LOAN CRITERIA
Collateral
Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes; Planned Unit Development (PUD)
LTV:
Purchase:
Lesser of up to 80% of the As-Is Value or Up to 80% Loan-to-Cost
Refinance:
Up to 80% of the As-Is Value
Cash-Out:
Up to 75% of the As-Is Value
Amortization Options:
30-Year Fixed, Hybrid ARMS (5/1, 7/1, 10/1) & Interest-Only Options Available
Property Values:
“As Is” Appraised Value Must Be $115k or Greater
(Geographical Restrictions May Apply)
Loan Amount:
$150k – $1.5M
Debt Service Coverage Ratio (DSCR):
1.00
Minimum FICO:
680
Rates:
Starting at 5.50%
Long-Term Rental
Loan Program Typical Leverages
PURCHASE
FICO
MAXIMUM LOAN-TO-VALUE (LTV)
MAXIMUM LOAN-TO-COST (LTC)
740+
Up to 80% of the As-Is Value
Up to 80% Loan-to-Cost
720 - 739
Up to 80% of the As-Is Value
Up to 80% Loan-to-Cost
700 - 719
Up to 80% of the As-Is Value
Up to 80% Loan-to-Cost
680 - 699
Up to 75% of the As-Is Value
Up to 75% Loan-to-Cost
REFINANCE
FICO
MAXIMUM LOAN-TO-VALUE (LTV)
740+
Up to 80% of the As-Is Value
720 - 739
Up to 80% of the As-Is Value
700 - 719
Up to 80% of the As-Is Value
680 - 699
Up to 75% of the As-Is Value
CASH-OUT
FICO
MAXIMUM LOAN-TO-VALUE (LTV)
740+
Up to 75% of the As-Is Value
720 - 739
Up to 75% of the As-Is Value
700 - 719
Up to 75% of the As-Is Value
680 - 699
Up to 70% of the As-Is Value
MULTIFAMILY
AmeriStar Financing offers short-term bridge financing, fix and flip financing, & long-term rental financing for 5+ unit apartments.
LOAN CRITERIA
Collateral
Multi-Family Apartment Buildings (5+ Units); Mixed-Use Properties (Residential Space Must Represent 70%+ of the Property's Total Square Footage)
Term:
12 – 18 Months (Extended Terms Available)
Loan Amount:
$250k – $2M
FICO:
650 Minimum
LTV:
Stabilized Bridge
Purchase: Up to 75% of the As-Is Value
Refinance: Up to 70% of the As-Is Value
Cash-Out: Up to 65% of the As-Is Value
Fix & Flip
Purchase: Up to 80% of the Purchase Price + 100% of Renovation Costs
Refinance: Up to 75% of the As-Is Value + 100% of Renovation Costs
Cash-Out: Up to 70% of the As-Is Value + 100% of Renovation Costs
Short Term Multi-Family
Loan Program Typical Leverages
STABILIZED BRIDGE PROGRAM
PURCHASE
MAXIMUM LOAN-TO-VALUE (LTV)
Up to 75% of the As-Is Value
REFINANCE
MAXIMUM LOAN-TO-VALUE (LTV)
Up to 70% of the As-Is Value
CASH-OUT
MAXIMUM LOAN-TO-VALUE (LTV)
Up to 65% of the As-Is Value
FIX & FLIP PROGRAM
EXPERIENCE LEVEL:
Completed 5+ Fix and Flips in the Last 3 Years
PURCHASE
LIGHT REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 80% of Purchase Price
+ 100% of Rehab Costs
Up to 70%
of the ARV
PURCHASE
MODERATE REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 75% of Purchase Price
+ 100% of Rehab Costs
Up to 70%
of the ARV
PURCHASE
HEAVY REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 70% of Purchase Price
+ 100% of Rehab Costs
Up to 65%
of the ARV
EXPERIENCE LEVEL:
Completed 1-4 Fix and Flips in the Last 3 Years
PURCHASE
LIGHT REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 80% of Purchase Price
+ 100% of Rehab Costs
Up to 70%
of the ARV
PURCHASE
MODERATE REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 75% of Purchase Price
+ 100% of Rehab Costs
Up to 70%
of the ARV
PURCHASE
HEAVY REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 70% of Purchase Price
+ 100% of Rehab Costs
Up to 65%
of the ARV
EXPERIENCE LEVEL:
Completed 0 Fix and Flips in the Last 3 Years
PURCHASE
LIGHT REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 70% of Purchase Price
+ 100% of Rehab Costs
Up to 65%
of the ARV
PURCHASE
MODERATE REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Up to 70% of Purchase Price
+ 100% of Rehab Costs
Up to 65%
of the ARV
PURCHASE
HEAVY REHAB
MAXIMUM LOAN-TO-VALUE
MAXIMUM AFTER-REPAIR VALUE
Not Permitted
Not Permitted
Long-Term
Loan Criteria
Collateral
Multi-Family Apartment Buildings (5-9 Units)
Term:
30-Years (Amortization Options Available)
Loan Amount:
$150k – $1.5M
FICO:
700 Minimum
LTV:
Purchase: Up to 70% of the As-Is Value
Refinance: Up to 70% of the As-Is Value
Cash-Out: Up to 65% of the As-Is Value
Long-Term Multi-Family
Loan Program Typical Leverages
PURCHASE
FICO
MAXIMUM LOAN-TO-VALUE (LTV)
MAXIMUM LOAN-TO-COST (LTC)
740+
Up to 70% of the As-Is Value
Up to 70% Loan-to-Cost
720 - 739
Up to 70% of the As-Is Value
Up to 70% Loan-to-Cost
700 - 719
Up to 70% of the As-Is Value
Up to 70% Loan-to-Cost
REFINANCE
FICO
MAXIMUM LOAN-TO-VALUE (LTV)
740+
Up to 70% of the As-Is Value
720 - 739
Up to 70% of the As-Is Value
700 - 719
Up to 70% of the As-Is Value
CASH-OUT
FICO
MAXIMUM LOAN-TO-VALUE (LTV)
740+
Up to 65% of the As-Is Value
720 - 739
Up to 65% of the As-Is Value
700 - 719
Up to 65% of the As-Is Value
NEW CONSTRUCTION
AmeriStar Financing offers comprehensive funding for your ground-up construction projects. Our program includes an 18-month term with rates starting at 9.84%, ensuring your build is fully supported from beginning to end.
LOAN CRITERIA
Collateral
Non-Owner Occupied Single-Family
Properties; Condos; Townhomes
Term:
12 – 24 Months
Loan Amount:
$100k* – $2M
*Based on Max Loan Amount
Minimum Property Value:
$175k**
**As-Completed Value
Rates:
Starting at 9.84%
Minimum FICO:
650
New Construction
Loan Program Typical Leverages
ASSUMING ENTITLEMENTS, PERMITS & APPROVED PLANS
EXPERIENCE LEVEL:
Completed 5+ Ground Up Construction Projects in the Last 3 Years
PURCHASE
INITIAL LOAN AMOUNT
MAXIMUM LOAN-TO-VALUE
Maximum LOAN-TO-COST
Up to 75% of the As-Is Value
Up to 80% of the As-Is Value
MAX LOAN AMOUNT
MAXIMUM AFTER-REPAIR VALUE
TOTAL LOAN-TO-COST
Up to 75% ARV
Up to 90% LTC
EXPERIENCE LEVEL:
Completed 1-4 Ground Up Construction Projects in the Last 3 Years
PURCHASE
INITIAL LOAN AMOUNT
MAXIMUM LOAN-TO-VALUE
Maximum LOAN-TO-COST
Up to 75% of the As-Is Value
Up to 75% of the As-Is Value
MAX LOAN AMOUNT
MAXIMUM AFTER-REPAIR VALUE
TOTAL LOAN-TO-COST
Up to 70% ARV
Up to 85% LTC
EXPERIENCE LEVEL:
Completed 0 Ground Up Construction Projects in the Last 3 Years
PURCHASE
INITIAL LOAN AMOUNT
MAXIMUM LOAN-TO-VALUE
Maximum LOAN-TO-COST
Up to 70% of the As-Is Value
Up to 70% of the As-Is Value
MAX LOAN AMOUNT
MAXIMUM AFTER-REPAIR VALUE
TOTAL LOAN-TO-COST
Up to 65% ARV
Up to 85% LTC
RENTAL PORTFOLIO
Flexible, long-term financing for seasoned and institutional investors.
AmeriStar Financing’s Portfolio Rental Loan Program delivers flexible, long-term funding solutions for experienced real estate investors and institutions. Whether you’re growing your rental portfolio or streamlining existing properties, we provide competitive rates and flexible terms to help you expand your investments with assurance.
LOAN CRITERIA
Collateral
Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes; Multi-Family Apartment Buildings (5 – 9 Units)
LTV:
Up to 75% LTV (Interest-Only Options)
Term:
5, 7, & 10 Year
Loan Amount:
$2.5M – $75M+
Amortization Options:
30-Year and Interest-Only Options Available
Minimum Property Value:
Individual Property Value:
1 – 4 Units: $100k
5 – 9 Units: $125k
Average Portfolio Value:
$100k
Number of Units:
20 to 100+ Units
Occupancy Rate:
90% + Leased
Recourse:
Non-Recourse
Pre-Payment:
Flexible Pre-Payment Options
AmeriStar’s Structured Finance division provides loans from $2.5M to $75M+, designed for investors seeking to expand quickly and confidently. Our solutions include:
Swift, dependable closings
Competitive terms with non-recourse flexibility
Guidance from an experienced Structured Finance team
Support for scattered-site and multi-state portfolios