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Casey Clayton

CrossCountry Mortgage
Hard Money LendersGap FundersEMD Funders

About

I am a seasoned Loan Officer and Real Estate investor with 10+ years of experience. I am passionate about expanding my knowledge and experience in real estate while also helping others grow in the real estate journeys.
Please review my lender profile for loan options specific to how Flip Secrets teaches funding and acquisition strategies. In addition to these loans, I can also offer Conventional, VA, FHA, Jumbo, and Non-QM (bank statement, P&L Only, ITIN, Etc.) in all 50 states. Both owner occupied and non-owner occupied.
For wholesalers – I can offer double close funds. True double close only, typically 48 hours max.
Do you fund gap? Yes
Do you fund EMD? Yes
Are you an HML? Yes

Lending criteria

Fix and Flip:
- Up to 93% LTC
- Max 75% of ARV
- No Appraisal Options up to 85% LTC
- $75k minimum loan amount
- Lend to LLCs, Corporations, or Individuals
- First Time investor and First Time home buyers allowed
- Credit Scores at or over 660:
- Up to 90% of purchase + 100% of rehab
- Minimum Loan Amount $150k
- Soft credit pull only option available
- For Credit Scores 600-660:
- 80% of purchase + 100% of rehab
- Requires interest reserves for full term of loan
- Credit Scores under 600 permitted on a case-by-case basis
Fix 2 Rent:
- Qualify for the Fix & Flip loan and the DSCR take out loan at time of purchase
- Reduced fees on DSCR loan
- Waived Seasoning Requirements on refinance
DSCR Rental Loans (No income verification):
- Up to 85% LTV
- 620 minimum FICO
- $75k minimum loan amount
- Multifamily up to 10 units and mixed-use (50%+ residential) options available
- Interest only and amortized payment options
- Up to 40 year loan options available
- No minimum DSCR options available (property does not need to cashflow)
- No pre-payment penalty options available
- No reserve options available
- No investor experience options available
- Short-term rental financing options available
- Portfolio financing available (experienced investors only)
- No title seasoning on Refinance Loans (Rate & Term or Cash-Out)
- Layered Entities allowed up to 2 entities
- Only 50% of entity ownership need to be applicants and credit qualify
Equity Loan/Line – No Appraisal & No Documents Required
- Cash Out Refinance Only – Great GAP alternative if you have equity!
- Up to 85% CLTV
- 640 minimum FICO (personal or trust ownership)
- LLC Ownership allowed with 700 minimum FICO
- 1st, 2nd or 3rd Position
- Primary, Second home & Investment Properties Eligible
- Single Family, Townhome, Condo & 1-4 Unit Multifamily eligible
- Min Line Amount $25k – Max $750k
- No appraisal required up to $400k
- Must be able to link bank accounts in the application – Qualifying income is based on deposits made into linked bank accounts
- Only requires a soft credit pull to see offers you are eligible for (hard credit pull is required once you select an offer to move forward with)
- Close in 5 days or less if needed (with no appraisal options)

This entity is not affiliated, associated, partnered, or otherwise approved, vetted, provided, or promoted by Strategic Enterprises Inc., Jake Leicht, or The Flip Secrets. Do your own due diligence when speaking with any lender or business partner. By contacting this person you confirm that The Flip Secrets and all of its agents, companies, and subsidiaries are not responsible for your experience or results, and you take this action of your own free will, assuming any risk associated with that communication. We do not receive any form of compensation for posting this information or from any action you may take with this entity.