The Funding Process

Application Process (Same for all loans)

  • Once you have a signed contract complete our application forms

  • Submit the contractor's scope of work including timelines

  • $25 DNA Report (for comps)

  • $197 application fee

General Contract Terms for Loans under $400,000 

(the exact terms will be determined by our underwriting team)

  • Non owner occupied (1-4 units)

  • Loan amount $30,000-$400,000

  • Term 6-24 months

  • Interest rate 7.9-15%

  • Origination points 0-5

Loan Parameters Loans for properties under $400,00

Not to exceed 65% LTV

  • Up to 90% Purchase price

  • Up to 100% Rehab costs

For Multifamily Residential Properties ($250K-$5M)

(the exact terms will be determined by our underwriting team)

  • Loan amount $250,000-$5,000,000

  • Term 6-36 months (with option to extend)

  • Interest rate 8-11%

  • Origination points 2-3

Loan Parameters Multifamily Residential Properties ($250K-$5M)

  • Not to exceed 70% LTV

  • w-facebook
  • Instagram - White Circle
  • LinkedIn - White Circle
  • Twitter Clean
  • White YouTube Icon

© 2023 Created by Kandice with a k