Park Place Finance, LLC

Basic information

QM program

N/A

Loss payee

N/A

CPL or subordinate clause

N/A

Lock policies & fees

Lock policies

Lock extension

N/A

Relock

N/A

Lock & Shop

Yes

Lender's niche & overlays

Lender's niche

Fix & Flip, Bridge, Ground Up Construction for residential investment properties.

1st time borrowers for Fix & Flip and Ground Up construction.

New Construction Loan

• Max LTC: Up to 90%
• Max ARV: Up to 70%
• Purchase LTV: Up to 70%

Renovation Loan

Program Highlights:

• Minimum FICO: 640
• Max ARV: 75%
• Max LTV: 90%
• Max LTC: 93%
• Rates as low as 8.99% 

Lender's overlays

N/A

Lender turn time

Initial underwrite (days)

1

CTC conditions review (days)

1

Initial CD (days)

1

Reviews