FREQUENTLY ASKED QUESTIONS

What type of investment properties do you loan on?
We provide funding for residential, non-owner-occupied properties and commercial properties including (but not limited to): single family, condo, townhome, retail, multi-family and mixed-use. We do not loan on mobile or manufactured homes.
Where do you lend?
We lend nationwide excluding MN, ND, SD, VT, WV, NV (AZ on exception).
How fast do you lend?
Closing takes an average of 17-21 business days.
How do you approve funding requests?
Our approvals are primarily based on an investor’s ability to succeed. Damaged credit or self-employment is acceptable as most programs do not require a minimum credit score to participate.
Do you charge pre-payment penalties?
On our Stabilized Bridge and Rehab loans there are NO pre-payment penalties.
What is the minimum I can borrow?
In most cases, the minimum is $50,000.00.
Can I borrow rehab money?
Yes! The nature of our Fix 2 Flip program is to provide you the funding for the purchase and renovation of your investment property.
How much do you charge?
We do not charge junk fees or hidden fees. We only charge origination and process fees.
What is your interest rate?
- Bridge & Renovation Loans Staring at 8.75%
- Rental Loans Starting at 6.75%
  Interest Rates will Vary Depending on Asset and Borrower Risk.
What is the down payment required for your loans?
- Bridge & Renovation Loans: 10% - 25% Down Payment
- Rental Loans: 15% - 30% Down Payment
Can I use your financing for my primary residence?
No. Our loans are for investment properties only.
Can the seller hold the note, or can I obtain secondary financing?
No. There cannot be any secondary finance including the Seller holding the Note.
Do I close in my name, an LLC or a corporation?
Our loans are for commercial purposes only. The borrower must be an LLC or corporation.
Do you run my credit?
Yes. We run credit, but our loans are asset based.
Do you require a property evaluation?
Yes. All properties require a broker price opinion or appraisal. This may take up to 7+ days to receive and prices may vary depending on the region of order.
We order the valuation which allows the process to be hassle-free and hopefully expedited.
Will you verify my employment, income and assets?
Not necessarily, we only verify information to be certain you can make the minimum down payment and service the interest payments for the term of the loan.
If there is insufficient equity in a project, it may be considered to roll interest payments into the loan during the term of construction/renovation.
What is your maximum loan-to-value (LTV)?
- Bridge or Renovation Loans: Up to 90% of Purchase, 100% of Rehab, up to 70% of After-Repaired Value.
- Rental Loans: Up to 80% for Purchase/Rate and Term, 75% for Cash-Out

FREQUENTLY ASKED QUESTIONS

What type of investment properties do you loan on?

We provide funding for residential, non-owner-occupied properties and commercial properties including (but not limited to): single family, condo, townhome, retail, multi-family and mixed-use. We do not loan on mobile or manufactured homes.

Where do you lend?

We lend nationwide excluding MN, ND, SD, VT, WV, NV (AZ on exception).

How fast do you lend?

Closing takes an average of 17-21 business days.

How do you approve funding requests?

Our approvals are primarily based on an investor’s ability to succeed. Damaged credit or self-employment is acceptable as most programs do not require a minimum credit score to participate.

Do you charge pre-payment penalties?

On our Stabilized Bridge and Rehab loans there are NO pre-payment penalties.

What is the minimum I can borrow?

In most cases, the minimum is $50,000.00.

Can I borrow rehab money?

Yes! The nature of our Fix 2 Flip program is to provide you the funding for the purchase and renovation of your investment property.

How much do you charge?

We do not charge junk fees or hidden fees. We only charge origination and process fees.

What is your interest rate?

Bridge & Renovation Loans Staring at 8.75%

Rental Loans Starting at 6.75%

Interest Rates will Vary Depending on Asset and Borrower Risk.

What is the down payment required for your loans?

Bridge & Renovation Loans: 10% - 25% Down Payment

Rental Loans: 15% - 30% Down Payment

Can I use your financing for my primary residence?

No. Our loans are for investment properties only.

Can the seller hold the note, or can I obtain secondary financing?

No. There cannot be any secondary finance including the Seller holding the Note.

Do I close in my name, an LLC or a corporation?

Our loans are for commercial purposes only. The borrower must be an LLC or corporation.

Do you run my credit?

Yes. We run credit, but our loans are asset based.

Do you require a property evaluation?

Yes. All properties require a broker price opinion or appraisal. This may take up to 7+ days to receive and prices may vary depending on the region of order.

We order the valuation which allows the process to be hassle-free and hopefully expedited.

Will you verify my employment, income and assets?

Not necessarily, we only verify information to be certain you can make the minimum down payment and service the interest payments for the term of the loan.

If there is insufficient equity in a project, it may be considered to roll interest payments into the loan during the term of construction/renovation.

What is your maximum loan-to-value (LTV)?

Bridge or Renovation Loans: Up to 90% of Purchase, 100% of Rehab, up to 70% of After-Repaired Value.

Rental Loans: Up to 80% for Purchase/Rate and Term, 75% for Cash-Out