KECO Capital fix-and-flip loans fund $500K to $10M at 6.25% to 13% with up to 90% LTP and LTC, 100% rehab budget, and a 75% LTARV ceiling. Minimum 680 FICO, 4-day draw turnaround, no prepayment penalty on short-term loans.
| Fix & Flip Feature | Structure & Terms |
|---|
| Loan Amounts | $500,000 to $10,000,000 |
| Interest Rate | 6.25% to 13% | Interest only |
| Origination Fee | 2% to 5% |
| Loan Term | 6 to 24 months | No prepayment penalty on short-term loans |
| Max Leverage (LTP / LTC / LTARV) | Up to 90% LTP | Up to 90% LTC | Max 75% LTARV |
| Rehab Budget Financing | 100% of rehab costs funded | Interest charged on entire project amount |
| Draw Turnaround | 4 business days |
| Minimum Credit Score | 680 FICO |
| Property Types | SFR, 2-4 units, condos, multifamily | Luxury homes and vacation rentals accepted |
| Proof of Funds Letter | Available | Requires property under contract |
KECO Capital ground-up construction loans fund $500K to $10M at up to 90% LTC and 75% LTCV with no experience requirement. First-time builders accepted. Partially completed construction projects also considered.
| Construction Feature | Structure & Terms |
|---|
| Loan Amounts | $500,000 to $10,000,000 |
| Max LTC (Construction) | Up to 90% LTC |
| Max Land LTP | Up to 75% of land purchase price |
| Max LTCV | Max 75% LTCV |
| Interest Rate | 6.25% to 13% |
| Experience Required | None. First-time construction borrowers accepted. Zero completed projects required. |
| Interest Structure | Interest charged on entire project cost amount |
| Partially Completed Projects | Accepted. KECO will lend on partially completed construction projects. |
| Property Types | Residential SFR, 2-4 units, condos, multifamily - up to luxury tier |
| Minimum Credit Score | 680 FICO |
KECO Capital DSCR rental loans fund $250K to $10M at 6.25% to 11% with up to 80% LTV for purchases and refinances. Minimum 1.0 DSCR, 680 FICO, 3-month seasoning. Portfolio lending available and STR/vacation rentals accepted.
| Rental DSCR Feature | Structure & Terms |
|---|
| Loan Amounts | $250,000 to $10,000,000 (1-4 units) | $250,000 to $10,000,000 (5-10 units multifamily) |
| Interest Rate | 6.25% to 11% | 30-year fixed or ARM |
| Origination Fee | 2% to 5% (max 3% on 1-4 units programs) |
| Max LTV (Purchase / Refi) | Up to 80% LTV for purchases and rate-term refinances | Up to 75% LTV multifamily refi |
| DSCR Requirement | 1.0 minimum DSCR for both 1-4 unit and multifamily programs |
| Minimum Credit Score | 680 FICO for all DSCR programs |
| Property Types | SFR, 2-4 units, condos, STR, vacation rentals, and multifamily up to 10 units |
| Seasoning Requirement | 3 months minimum seasoning for refinance transactions |
| Portfolio Loans | Available. Up to 4 properties on a single residential DSCR loan. |
| Prepayment Penalty | 5/4/3/2/1 step-down on 30-year DSCR loans. No prepayment penalty on short-term bridge loans. |
KECO Capital bridge loans fund $500K to $10M at up to 90% LTP for short-term acquisitions and refinances. 680 FICO required, interest-only payments, no prepayment penalty, and closings in as few as 2 business days.
| Bridge Loan Feature | Structure & Terms |
|---|
| Loan Amounts | $500,000 to $10,000,000 |
| Max Leverage | Short-term purchase: up to 90% LTP | Short-term refi: up to 80% LTV | Cash-out: up to 75% LTV |
| Interest Rate | 6.25% to 13% | Interest only | Payment options include interest reserve and no-payment structures |
| Prepayment Penalty | None on short-term bridge loans |
| Speed to Close | Typical: 21 business days | Fastest: 2 business days |
| Minimum Credit Score | 680 FICO |
| Specialty Property Types | Luxury homes, short-term rentals, vacation rentals - property types many national lenders decline on automated valuation |
| States Served | 46 states - excludes ID, ND, SD, VT |
