COGO PLATINUM CLUB

APPLY TODAY TO GET BETTER RATES

We created the COGO Platinum Club for investors who have a proven track record of acquiring amazing deals and want to get better rates on their loans. In order to qualify for this special program you must have completed 4 paid off loans with COGO Capital or 8 completed loans (proof with HUD statements) with other lenders within the past 24 months.

  • Flat 9.75% Interest Rate

  • We can cover up to 100% of the transaction, 100% Purchase Price, 100% of Rehab, and 100% of Closing Cost

  • Lower Origination fees — 1 pt (No rehab, No Cash-Out), 2 pts (Rehab, Cash-Out)

  • Max LTV of 75% with general appraisal

  • $500 Program Enrollment Fee

HOUSE FLIPPING LOANS YOU NEED
NOW AT BETTER RATES THAN EVER!

APPLY NOW

How many properties have you completed with COGO Capital in the last 24 months?

0 1 2 3 4+

How many properties have you completed Outside COGO Capital in the last 24 months?

0 1 2 3 4
5 6 7 8+

Are you able to supply HUD statements to prove that you have completed the required amount of properties that you are stating?

Yes No

BACK

Congratulations you have initially qualified for this program.

The next step is to move forward with paying a $500 membership fee so that we can finish underwriting you as a borrower. Once the payment has been completed a loan officer will reach out to you to help move forward.

BACK NEXT

X

Unfortunately you don't qulify for this program. Platinum Club requires that you have completed at least 4 properties with Cogo Capital or at least 8 with someone else.

X

Unfortunately you don't qulify for this program. Platinum Club requires that you supply HUD statements to prove your completed properties.

HOW THIS PROGRAM
WILL BENEFIT YOU

With a flat 9.75% rate we will cover 100% of the transaction as long as the loan amount does not exceed 70%-75% LTV. You have an option to move forward with an inspection (No Appraisal) which will qualify you for 70% LTV Nation Wide. If we order a full walk through appraisal you will qualify for 75% LTV Nation Wide.

Origination is 1-2 points. This will depend on if there is rehab or not or if there is cash-out on the loan.

For Cash-Out we are capped at 70% LTV with a max $100,000.

We only underwrite you as a borrower once a year, this will save time as we will only have to underwrite the property that we are lending on each time. This means we will only pull your credit once a year and we will only ask to verify income once a year.

WHAT PROPERTIES
FIT IN THE PROGRAM?

As long as your property fits within the following criteria we will most likely be able to work with it.

  • Non-Owner-Occupied Properties
  • The loan amount will not exceed FHA cap
  • Residential 1-4 units
  • Properties with 5 bedrooms and 3 bathrooms or less
  • Properties with 2800 SQFT or less
  • Properties with a lot size of ½ acre or less

This program is for experienced investors only. These are investors that have either

  • Completed 4 properties through COGO Capital
    • You could have either sold or refinanced to exit the loans
  • Completed 8 properties outside of COGO Capital
    • You could have either sold or refinanced to exit the loans

WHERE COGO LENDS