Different loans for different borrowers
Every borrower that steps into your office has a unique vision – and a unique set of circumstances that have led them to you. Our wide range of alternative, asset‑based mortgage programs allow brokers to service the needs of tough-to-qualify real estate investors, including W-2 employees, self-employed entrepreneurs and small business owners.
Asset-based mortgage programs
Here’s a summary below of the residential investment and commercial mortgage programs we offer.
Mortgage Programs
Biz-Pay’s Programs
Flex-Term Loan
Customize loans to meet the individual needs of each investor. Designed for real estate investors seeking lower payments on a long-term, fixed-rate loan with no balloon payment.
Key Features
- 30-year fixed rate
- Interest-only payments up to 10 years
- Great for qualifying self-employed investors and small business owners
- Based on property value, not personal income
- Best alternative to hard money loans
Property Types
- Investor 1-4 (SFR, Condo, and 2-4 Units)
- Multi-Family (5+ Units)
- Mixed-Use
- Commercial (Office, Retail, Warehouse, Self-Storage, and Automotive)
ARV Pro
The best short-term solution for acquiring and improving property value. Designed for “fix-and-flip” investors who are seeking a short-term, interest-only loan to acquire and improve a property based on its “as repaired value” (ARV).
Key Features
- Allows borrowers to finance improvements
- Great for borrowers who need a quick close
- An interest-only 1-year term provides lower monthly payments
- A higher LTV than hard money lenders
Property Types
- Investor 1-4 (SFR, Condo, and 2-4 Units)
Flex I/O
A short-term interest-only loan program. Designed for investors seeking short-term financing with no prepay penalties.
Key Features
- An interest-only, 24-month term provides lower monthly payments
- Available for purchase or cash-out refinance
- Perfect for acquiring or leveraging real estate holdings
- A higher LTV than hard money options
Property Types
- Investor 1-4 (SFR, Condo, and 2-4 Units)
Fast50 Loan
A low LTV loan with easy credit requirements. Our Fast50 Loan is designed for investors with derogatory credit issues and high equity seeking quick and easy credit qualification.
Key Features
- Great for borrowers with a recent bankruptcy or notice of default
- No seasoning of ownership required
- Improved pricing compared to our FlexPerm program
- Derogatory mortgage history is OK
- Available as a 3-year-fixed or 30-year-fixed loan, each amortized over 30 years
Property Types
- Investor 1-4 (SFR, Condo, and 2-4 Units)
- Multi-Family (5+ Units)
- Mixed-Use
- Commercial (Office, Retail, Warehouse, Self-Storage, and Automotive)
