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Lending Solutions for Quality Real Estate
Looking for short-term financing from a high-quality, experienced lender?
At Ignite Funding we provide builders and developers with reliable funding solutions for land acquisition, development, and construction projects. In today’s market our philosophy is clear: it’s a buyer’s market... and we are lending to help you take advantage of it.
You need a lender who thinks like a developer. We understand the details and challenges involved with property development and can quickly sort through the clutter of questionable loan requests to focus on the best opportunities.
We have the resources and experience you and your clients need to quickly fund quality real estate projects.
Acquisition of distressed assets from regional banks, the FDIC, and other lenders
■ Residential or Commercial
■ Acquisition & Refinancing
■ Development & Construction
■ Bridge Loans & Income-Producing Properties
L E N D I N G C R I T E R I A
Loan Amounts
■ Acquisition – up to 65% of appraised/acquisition value
■ Land – up to 60%
■ Development – up to 70%
■ Construction – up to 75%
■ Completed Projects – up to 75%
Terms
■ Flexible 6 – 24 months
■ No prepayment penalties
■ Interest reserve or pay-current available
■ Non-recourse available
■ Rates from 10% - 14%
■ Origination fees vary from 2% - 6% of the loan amount and may be built into the loan
Loan Size
■ We fund loans from $500,000 up to $5 million
Location
■ Primarily in the western states. We are currently accepting funding requests for quality collateral in:
Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Texas, Utah and Wyoming.
For more information on how you can access the capital you need for your real estate project, visit
www.ignitefunding.com or contact us at [email protected] | 702.736.5475