What if I need a loan extension?
We have experienced investors on staff who know the process first-hand. Our loans are automatically built out for a minimum of 12-months. At the end of the initial loan phase, if you still need an extension we can extend the loan for 3-month increments at the cost of 1 point.
What if I want to live in the subject property I financed?
We do not offer owner-occupied loans. Those are considered conventional loans that you would typically get from a commercial bank. Our loans are for real estate investors.
How do I request construction draws?
For all construction draw requests please contact our Compliance Team. The draw process can be a quick as 1-3 business days from request to access to funds.
Do you require a down payment?
There are special circumstances in which we do not require a down-payment. Our loans are based on the experience of the investor and the equity and value of the property.
Do you require a credit check?
Typical of hard money lending we can lend solely on the specifics of the subject property if it matches certain criteria. However, to get the best rate possible (as low as 7.5%) a credit check and some down payment is needed. It’s really a matter of saving money you can talk to one of our real estate experts to find out more about your goals.
Do you offer referral bonuses?
Yes, we offer referral bonuses of up to 1 point. Our minimum loan amount is $100,000, so at the minimum, your bonus would be up to $1,000 and grow after based on the loan amount. Last thing to note, we only award bonuses to brokers.
What are your loan rates?
We strive to provide our customers with the best rates around. Our current rates are found on our website’s home page.