Our mini-perm loan is perfect for that stabilized property that is not quite ready for funding through a permanent or conventional lender. The loan is 60 months (5 years) and can be paid off at any time without penalty. We look for similar borrower attributes as our other loans- primarily a credit score over 620 and proof of liquidity equal to 20% of the loan amount. Below are some additional details about our mini-perm loans: