This $165,900 rehab and purchase loan was funded in 20 days. No credit report was pulled on the borrower nor was a credit score required. SECC provided a 12 month, interest only bridge loan at 90% LTV, 12.5% and 3.99 points. This loan had no prepayment penalty,interest guarantee or exit fee. SECC also funded a $35,000 rehab component which was 100% of the budget requested.