Wrapable Loan
Inspired By Innovation
Wrapable

What is a Wrapable Loan?  

Inspired by innovation, we present to you the Wrapable Loan. Our wrapable is competitive, cutting edge, and one of a kind. This loan product is unique - it allows you to turn a property into a note. How can this be done? We do not have a "due on sale clause", which allows you to sell the property on owner-finance terms and 'wrap' that note around the one you have with us. You become the lender - and keep the interest difference (this is sometimes called "the spread").

Term of 20 Years With
No Balloon Payment
Fixed Rate

Interest Rate 8.49-8.99%

Maximum Loan-To-Value
(LTV) is 80%*

Wrapable Loan Packages

A Product B Product C Product
1-4 Family, Non-Owner Occupied
20 Year Term, 20 Year Amortization, Fixed Rate Loan
LLC Ownership Only
80K-250K Loan Size 80K-250K Loan Size 80K-250K Loan Size
Interest Rate: 7.99% Interest Rate: 8.24% Interest Rate: 8.49%
700 Credit Score Minimum 640-699 Credit Score 600-639 Credit Score
80% LTV 75% LTV  70% LTV
100% LTC 100% LTC  100% LTC
1.2 DSCR 1.2 DSCR 1.2 DSCR
2.75 Points at Closing 3.5 Points at Closing 4 Points at Closing

Why Owner-Finance?

Imagine a standard, rent-worthy house that you have just finished repairing. Below, we will compare the profitability of the different strategies of managing a rental vs. owner-financing using our wrapable note. This is a bare-bones breakdown of the expenses, will not include closing costs - only a rough overview of the profit and loss statements for each.

Rental Loan (20-yr, 7% Interest Rate)

After- Repair Value (ARV):  $100,000.00
Loan Amount: $70,000.00
 Monthly Cashflow: $127.29
 Annual Cashflow: $1,527.48

Rental Annual Profit and Loss

Rental Income: $14,400.00 Taxes: $1,000.00
Insurance: $800.00
Loss-to-Lease (Vacancy): $2,160.00
Note Payment: $6,512.52
Maintenance: $1,200.00
Management: $1,200.00
 Total Income:  $14,400.00  Total Expenses:  $12,872.52

Wrapable Loan (20-yr, 8% Interest Rate)

After- Repair Value (ARV):  $100,000.00
Loan Amount: $70,000.00
 Monthly Cashflow: $465.71
 Annual Cashflow: $5,588.52

Wrapable Annual Profit and Loss

Income*: $12,614.64 Note Payment: $7,026.12
 Total Income:  $12,614.64  Total Expenses:  $7,026.12

*Wrapable "Income" is from the note with the end-buyer.

ILS was created for Real Estate Investors, by Real Estate Investors.

"Our clients consistently see increased profit potential and deal volume when working with us."

Tom Berry, Vice President of Sales & Marketing

Investor Friendly Lenders

Loan process aside, we understand the challenges you may face when trying to purchase your first or next investment. We want to save you a headache. Our Rehab/Flip loans are approved and processed by seasoned, professional investors. We provide you with no hidden fees, simple loan applications, and a reliable team concerned with your long-term success.

Investment Lenders Texas