Red Door Funding is a Stafford, Texas Real Estate Development Loans specialist. They provide investor loans for one to four family residential properties, designed to offer rehab and resale short-term loans that can then be rolled over into permanent financing options. Their loans are interest only, have no prepayment penalties, terms up to six months, one time three-month extensions may be requested by the borrower, first lien holder positions only, annual percentage rates of 14%, 70% ARV financing, financed repair funds, $175 inspection fees, 3% to 5% loan original fees, $350 appraisal fee, $825 loan processing fee and a $300 attorney fee.