Real Estate FAQs
How do I get started?
The process starts by you requesting an application.
What types of loans do you offer?
Our lenders only offer short-term private / hard money loans for up to 12 months on residential and commercial properties in most of the USA.
How does the program work?
Our lenders will cover 100% of the purchase and rehab costs up to 65% LTV.
How much money can I borrow?
Our lenders will do loans starting at $50,000 – $1,000,000 at an LTV up to 65% LTV.
What documents do I need with my application?
|REQUIRED DOCUMENTS:||Completed loan application & supporting documents, including, but not limited to:
(i) 6 months of bank statements
(ii) 6 months of merchant statements (if your business accept credit cards)
(iii) Most recent pay stubs
(iv) Verification of employment and other mortgages
|LOAN DOCUMENTATION:||Purchase Agreement
Scope of Work
Builders Risk or Liability Insurance
“As-Is” and “After-Repair” value Appraisals
What is the interest rate?
Our lenders will do loans starting at 12% – 16%.
How do I pay back the loan?
You must have a clear sale or refinance exit strategy when applying.
How much does this cost?
There is no upfront application fee.
How long are the loan programs?
6 – 12 months
Do you take my personal credit score into consideration?
Rehab loans are equity-based but you need a 500 FICO score.
How secure is my information?
Our servers are SSL secured.
How long does it typically take for the funding process to be completed?
Our lenders fund within a few days after approval.
Are you a direct lender?
No. We match your application with private money and hard money lenders we work with.
What are the fees associated with your service?
We typically get paid from our lender with all real estate financing.
Who should I call if I have any questions?
You can always call our office at 888-350-7001.