Go Rascal Inc

Go Rascal Inc

Maximum Leverage

Purchase Short-Term (no Value-Add)
Purchase Long-Term
Refinance Short-Term (no Cash Out)
Refinance & Cash Out Short-Term
Refinance Long-Term (DSCR)
Residential Fix & Flip
Residential Rehab & Hold
Multifamily Value-Add
Loan Programs
Property Types and Loan Types
Junior Liens
Junior Lien Loan Amounts
Junior Lien Interest Rates
Origination Fees
Junior Lien Loan-to-Value
We Fund Junior Position Loans
Land Loan
Max LTV for Land
Max LTC for Land Acquisition
Purchase Loan
Max Loan-to-Purchase Price
Borrower Must Have Property Under Contract
Will Provide Proof of Funds Letter
Will Consider Lending on Purchase from Auction
Rehab Value Add Loan
Experience Required
Minimum Number of Value-Add Projects Completed by Borrower
Will Consider Lending on Purchase from Auction
Max LTC for Renovation Costs
Interest Charged for Renovation Costs
Typical Number of Days for Funds Draw
Construction Loan
Development Experience Required
Minimum Number of Ground-Up Construction Projects Completed by Borrower
Max LTC for Ground-Up Construction Costs
Interest Charged for Construction Costs
Will Lend on Partially Completed Construction Projects
Residential Long-Term DSCR Loans (1-4 Units)
Minimum Loan Amount
Maximum Loan Amount
Minimum Interest Rate
Maximum Interest Rate
Minimum Origination Fee
Maximum Origination Fee
Minimum Loan Term
Maximum Loan Term
Minimum Loan-To-Value
Maximum Loan-To-Value
Minimum Property Value
Seasoning Time
Minimum Debt Service Coverage Ratio
Minimum Credit Score
Will lend on vacation homes and short-term rentals
Will Lend on a Portfolio of Properties

Details and Requirements

Maximum Units for Multifamily Properties
Pre Payment Penalty
Deposit Required
Will lend to a foreign national
Will Consider Equity Joint Venture
Personal Guaranty (Recourse) Required
About

Go Rascal is the story of how two guys, Scott Valins (NMLS #182251), acknowledged as one of the best mortgage brokers in the country, and David Williams, an accomplished corporate finance and operations professional who built one of the country’s fastest growing online recruiting marketplaces, raised an idea together. And how, in the process, they are raising the experience standard in the mortgage business.

Because after over a decade and a half in the business, Scott had seen what worked and what didn’t. He came by a service-first attitude naturally, and it served him well. He recognized that informing and educating clients on every aspect of the mortgage process was always a win/win. And he realized that the difference between a “sorry, no” and a “we got this, yes” often simply came down to attitude and perseverance. He took his ideas with him to a bar and bought David a beer. David had a wealth of experience on the operations and growth side of business. He understood the challenges and immediately saw the opportunity. The two friends set out to create a company with a vision for bringing a smile to everyone associated with it.

And that’s where you find us. Certainly no puppy in the industry, with years of mortgage service to draw upon. But with the highest level of energy you’re likely to find, and a commitment to getting every client the right mortgage in the best and fastest way possible. It goes all the way from Scott and David to every team member at Go Rascal. Whether new or seasoned, they believe in a service-first mindset, education in the loan process, and confidence in their abilities. One team, embracing the same cultural values, with one goal in mind: a great mortgage experience.

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