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FIDUS FINANCE LLC
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FIDUS FINANCE LLC
Fastest Lender in the County. Apply in Minutes, Close in Days. NMLS 189026
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Revolver Finance
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Revolver Finance
Revolver Finance is here to empower you in the acquisition of your next real estate endeavor. We use flexible, transparent processes to enable your success. Reason: Revolver Finance, established in 2016, was created to cut through the clutter and confusion of real estate investing. We set out to simplify the process for investors across the country, whether you are a seasoned pro or going after your first project. Revolver Finance was founded to help you purchase and rehab, investment properties with speed and ease. Revolver Finance was built around two principals: transparency and integrity. We started Revolver to work directly with investors. Our purpose is to assist in the navigation of investing and acquisition of property, and ensuring our client is well informed through every step of the process. In removing the barriers of entry we are allowing investors, regardless of experience, to be guided through this process clearly. We believe in providing the best service to our clients, working honestly and loyally to safeguard your investments. We are direct lenders, not brokers. We utilize our own capital to make loans tailored to best suit your needs. This means there is no middleman to be dealt with in the process of you reaching your long-term goals, saving both time and money. Our common-sense approach to underwriting makes our programs accessible no matter how experienced you are.
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I Fund Cities
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I Fund Cities
I Fund Cities is an alternative lending platform built by investors for investors! We've combined 15 years of real estate and institutional investing experience to create lending products tailored to help you build and scale your business. (FASTER THAN A BANK CHEAPER THEN HARD MONEY) We are a full service private lending platform with a focus on residential (1-4 unit) FixNFlip, New Construction, Small Multifamily & Rental loans. FixNFlip & New Construction 100% Rehab Funding Up to 90% LTC Funding Timeline 7-14 days Rates 8 -11% Term 6-18 Months 75,000 Loan Minimum Rentals Up to 75% LTV Rates as low as 5% Up to 30 yr term
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FundingPilot
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FundingPilot
888-460-4518 ● Rates starting at 4.5% for Stated Income Loans, 30-year term. ● Rates starting at 6.99% for Hard Money Loans, 12 to 36 month term. ● Loan amounts from $100,000 to $15,000,000 ● No upfront fees No income documentation, no income verification, no tax returns, no tax transcripts, no bank statements required for most programs. The emphasis is mainly on the property and equity position. _________________________________________________________ Here at FundingPilot we make sure to go above and beyond the traditional lending criteria. We have unique lending programs for both real estate investors and business owners, which gives you immediate access to the capital you need. We provide a fast, easy, and efficient funding process so that real estate investors and business owners, like you, can focus on the most important thing...financial success. We treat you like a partner, not just a customer, and will handle your funding requests with the utmost respect and confidentiality. We take great pride in learning and understanding your needs, which is why we are constantly striving to provide the best quality service. Please take a few minutes to explore below, or visit our website www.FundingPilot.com to learn more and obtain all of the information you need to make an informed decision. You can also reach us directly at 888-460-4518. LENDING PROGRAMS THAT WE OFFER: - Real Estate Investor Line of Credit - Stated Income Line of Credit - Fix & Flip Line of Credit - Stated Income Loans - No Doc Loans - Hard Money Loans - Bridge Loans - Commercial Real Estate Loans ...read the full program overviews by visiting www.FundingPilot.com _________________________________________________________ LOAN AMOUNTS: $100,000 - $15,000,000 TRANSACTIONS: Purchase, Refinance INTEREST: starting at 4.5%* AMORTIZATION: Fully Amortized or Interest-Only TERMS: up to 30-years for Traditional AND 1-3 years for Hard Money/Bridge CREDIT: 500+ FICO required for most scenarios UPFRONT FEES: None LENDING TERRITORY: 43 States *4.5% is our lowest rate available for a 30-year term; please keep in mind that factors such as transaction type, property type, property location, property condition, credit score, and LTV play a direct role in loan pricing. One of our award-winning Loan Officer's will be able to supply you with the exact interest rate and loan terms for your specific scenario. _________________________________________________________ REAL ESTATE INVESTOR LINE OF CREDIT This program offers a hassle-free experience for business owners who need access to credit without having to worry about the time, costs, and documentation requirements often associated when getting a mortgage, loan, or home equity line of credit. There is no income verification, no financial documentation, and is 100% unsecured which means there is no collateral requirement. Also, since these credit lines do not report to your personal credit report it will not affect future financing transactions. Because of this flexibility it comes as no surprise that some of our most popular clients include real estate investors. Whether seeking to fix and flip, or fix and hold, this program allows investors to have open credit lines to make repairs or improvements not only for current projects, but future projects as well. To apply please complete the Fix & Flip Line of Credit Pre-Approval Form or call our Credit Line Department directly at 888-460-4518. Aside from real estate investors, we find that many borrowers are those who did not qualify for home improvement / rehab mortgage programs such as the FHA 203k or Fannie Mae HomeStyle. Whether you were turned down due to the property type being ineligible, LTV was too high, DTI was too high, or qualifying income was too low, the Stated-Income Business Line of Credit bypasses all of those major obstacles and lets you stay on track to accomplish your goals. Line Amounts: $10,000 - $250,000 Interest: 0.00% first 6-24 months Payments: Monthly Type of Account: Open / Revolving Territory: Nationwide Entity Type: Sole Proprietor, LLC, Corporation, Partnership First-Time Flip?: Eligible! 680+ FICO: Required. No co-signer needed. Under 680 FICO: Co-signer required. Verify income?: NO Verify financials?: NO Collateral?: NONE Pre-Approval Time: within 24 hours!
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LendingOne, LLC
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LendingOne, LLC
Lending One is one of the largest direct private lenders in the country. Call (866)-724-7555 for a no-obligation quote. We offer Fix/Flip, Rental, Multi-family and New Construction loans. We lend in 45 states and help investors from small to large (loans from $75,000 - $30,000,000). You can search BiggerPockets to see why customers love working with us! Low rates, fast closings, and great service. - Fix/Flip Loans - Rental Loans - 30 Year Fixed Rate Up to 75% LTV (Single Property & Portfolios) - New Contruction Not a broker nor a bank, but a fully funded lending partner that can close consistently and help you grow your business. LendingOne uses our own capital, an easy online application, and our extensive real estate experience to provide quick and reliable funding for our clients. Our experienced management team truly understands the real estate business and has taken an investor-friendly approach to the lending business. We are self-funded, allowing us to move quickly and finance your project using 100% of our own capital. With our proprietary technology, we have streamlined the real estate lending process. At the click of a button you can be pre-qualified for our competitive rates. Pre-Qualify online 24 hours a day, seven days a week and we will get you to the closing table in as little as ten days. https://app.lendingone.com/ - 2 Minute online quote Call (866)-724-7555
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Constructive Loans
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Aloha Capital
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Aloha Capital
Aloha Capital was created by real estate investors, for real estate investors. We offer fast, flexible and reliable financing at competitive rates to help you leverage your experience and take advantage of real estate investment opportunities. No matter if you are focused on Fix & Flips, Buy & Holds, BRRRR or Turnkey Investments, we understand your business and are here to help you succeed and grow! Lending in all states except for AK, ID, ME, MT, ND, SD. SHORT TERM BRIDGE LOANS: Single Family, 2-4 Unit, Condo Townhome - Max 75% ARV. Starting at 7.99% - Interest Only on Funded Loan Balance w/ a 13 Month Term. MFR & Mixed-Use Bridge/Rehab Loans: - Max 70% ARV. Starting at 7.99% - IO on Funded Loan Balance w/ a 13-24 Month Term. 30 YEAR FIXED RENTAL PROPERTY LOANS: Single Family, 2-4 Unit, Condo Townhome - Single Property or Portfolio Loan based on DSCR. Starting at 5.00%. - Max 80% LTV Purchase/Refi, 75% LTV Cash Out Refi. CALL: 303.245.0291 EMAIL: [email protected] LEARN MORE: https://alohaprivatelending.com APPLY FOR LOAN: https://alohaprivatelending.com/Apply
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Stratton Equities
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Stratton Equities
*** Lending in all 50 states. Up to 90% LTV *** STRATTON EQUITIES IS THE LEADING HARD MONEY & NON-QM LENDER TO NATIONAL REAL ESTATE INVESTORS. Stratton Equities is the leading Nationwide Hard Money Lender that specializes in fast and flexible lending processes. Our team is owned and operated by experienced Real Estate investors providing a reliable and knowledgeable team to help all Real Estate investors succeed.   Our goal is to help small business owners, real estate investors, and commercial contractors quickly and efficiently finance their business activities. Our national hard money loan programs are tailored to your unique project needs. We fund fix and flip, new construction, and cash out refinance projects for non-owner occupied properties. We look forward to becoming your lending partner for your next investment. Our loan programs support the following investment projects: ​ - Fix and Flip - Stated Income Cash Out – Refinance - Commercial Loans - Blanket Loans - Fixed Rental Programs - New Construction Contact Us Today or Apply on our Website www.strattonequities.com [email protected] (Toll Free) 1-800-962-6613
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RCD Capital
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RCD Capital
Attention: New & Experienced Real Estate Investors, Real Estate Agents, & Wholesalers! RCD Capital is still funding during this pandemic times! Need a Hard Money Loan for a Fix & Flip, Line of Credit, New Construction, Rental Portfolio Loan, or Need to Cash Out? Contact RCD Capital at 800.369.7009 to speak with a Hard Money Loan Specialist from 9:00 am to 6:00 pm or email us at [email protected] Pacific Standard Time. We lend throughout the United States. 90% Loan to Cost ( LTC) Rates starting at 8.25% S or C Corporation, or LLC. Easy and Simple Loan Application with Minimum Documents Loans up to $50,000,000.00 No Seasoning of Funds Required No Income Verification Foreign National Financing Multifamily Hard Money Lending for Residential or Commercial. Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho,Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota,Tennessee, Texas, Utah, Vermont, Virginia, Washington,West Virginia, Wisconsin, Wyoming
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Funding Partners of Princeton
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Funding Partners of Princeton
We are five partners who came together to better serve the real estate investor world. We all have institutional grade experience but have a get it done attitude.
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What Is A Hard Money Lender?

A hard money loan is an asset-based loan. One of the biggest factors affecting the approval of a traditional loan is your credit history and income. Lenders want a candidate that possesses a reputable re-payment history because this demonstrates the consumer’s ability to repay loans.

However, a great credit score and a lot of income is not always guaranteed an approval and the overall process can sometimes take a long time. Hard money lenders utilize a different approach by lending funds based on collateral and therefore, the lender places less emphasis on credit history. Hard money loans are not for everyone, but there are several situations where these loans make sense.

Strategies Using Hard Money

There are different instances when a real estate investor will be more likely to use a hard money loan versus a traditional loan. Real estate investors might find themselves using a hard money loan in the following instances.

Fix & Flip
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One of the most important things to understand when considering hard money is that each lender considers things differently than the next lender. Each lender is going to have his/her own criteria but most of them will base their loan off of a percentage of the after repair value or AVR. The following could also be considered when looking at a hard money loan:

  • Independent appraisers AVR
  • In-house AVR
  • Percentage of total costs
  • Percentage of the purchase price of the property
All lenders are different so be prepared for the hard money lender to consider any combination of the above before settling on the loan.
BRRRR
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If you are a real estate investor looking to execute the BRRRR strategy then the first thing you are going to want to do is secure a lender. One of the biggest mistakes that real estate investors make in the BRRRR strategy is only looking for a lender right when they need one. The best thing that you can do for yourself is to begin searching for, vetting and building a relationship with a lender as early in the process as possible. Meeting with lenders earlier will highlight any issues you might have with credit or income that you might need to get fixed before you really need the money for repairs. Getting this handled early will save you a big headache in the future.
Short Term Financing
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A short term loan is the traditional loan when a real estate investor is fix and flipping a property. With this type of loan you will typically only have 2-3 months to rehab and then resell your property for a profit. Short term financing is a good idea for properties that have a lower volume of fixes and repairs before putting the property back up for sale. Due to the short time period before the loan expires, you don’t want to get caught up with too many long term projects and have time run out. This would be homes that only need cosmetic repairs, upgraded appliances or minor repair work.

Questions To Ask A Hard Money Lender

Based on the best practice of reaching out to multiple lenders, you will want to make sure you have a proper list of questions available to you to vet out which lender is best for you. Here are some questions that you should ask a potential lender:

  • Are you the actual lender or just a broker?
  • Do you check personal credit? What score are you looking for?
  • What project details and documents do you need to make a quote?
  • How long will it take to get a quote?
  • Where does your money come from? Is this money in your control or do you receive it from a third party?
  • What happens if my loan needs to be extended?
  • How do you handle interest? Is it upfront, monthly or at the end?
What is Hard Money and How Does it Work? 10 Questions on Hard Money Loans Hard Money Buying Worksheet Hard Money Upfront Fees: Should You Pay Them? Understanding the Benefits and Risks of Hard Money Interview with Hard Money Lender, Kevin Amolsch Using Hard Money Lenders to Grow Your Business: Podcast with Ann Bellamy

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