Bridge FixNFlip® Loans
Leading relationship lender
- Low Rates
- No Fee to Apply
- Fast Closings
- Veteran Team
You can now invest in Fund III. Learn More | Invest Now
You can now invest in Fund III. Learn More | Invest Now
Discover a range of tailored loan products designed to meet your financial needs. From bridge and fix-and-flip loans to DSCR term loans, we have the solutions you require to succeed.
Dive in to find the perfect fit for your projects.
Leading relationship lender
Competitive and flexible
Competitive terms
Our business model is predicated on providing an economically valuable, repeatable, service to our borrowers. For us that means looking at each deal to determine why the borrower would not use traditional bank financing. For us the answer generally consists of several, and sometimes all of, the following:
In the current regulatory environment banks are limited to the number of non-performing assets they can have behind their loan portfolios. Each vacant building is a potential FINRA issue.
Compared to banks, we offer more flexibility and faster funding on renovation draws. That is when banks will even lend on renovation projects.
The fastest banks take 30-60 days to close. Our borrowers are often competing in hyper-competitive markets where speed of close is frequently a deal maker or breaker. Our closing times are typically 7 days but can be as short as 24 hours.
Our borrowers’ deal generally have a value add component, but banks generally lend only on current value and have maximum LTVs of around 70%. Assuming the loan meets our underwriting standards, we will lend 80-85% of LTV, effectively reducing by half the borrower’s required equity for purchase.
Here are the answers to some common questions about our loan products.
Bridge loans are short-term financing options designed to provide immediate cash flow. They are typically used in real estate transactions to bridge the gap between the purchase of a new property and the sale of an existing one. This allows investors to seize opportunities quickly without waiting for a sale to complete.
FixNFlip® loans provide the necessary funding to purchase and renovate a property with the intent of reselling it for a profit. These loans typically cover both the acquisition cost and the renovation expenses, giving investors the flexibility to improve the property without using their own capital.
DSCR (Debt Service Coverage Ratio) loans are designed for real estate investors who want to finance income-generating properties. The loan approval is primarily based on the property’s cash flow rather than the borrower’s personal income, making it an ideal option for seasoned investors.
Yes, like many financial products, our loans may involve various fees including origination fees, closing costs, and potentially others. It’s best to review the specific terms associated with your loan to understand all costs involved.
The loan approval process typically takes a few days to a couple of weeks, depending on the type of loan and the completeness of the provided documentation. We strive to process requests efficiently so you can proceed with your projects without delays.
Yes, self-employed individuals can apply for our loans. We evaluate all applications based on the strength of the project and the ability to repay, so having solid documentation of your financial situation is key to the approval process.
You will generally need to provide documentation that includes proof of income, credit history, and property details. Specific documentation requirements can vary based on the type of loan, so it’s advisable to check with our team for precise information.
Some of our loan products may include prepayment penalties, while others do not. It’s best to discuss this with your loan officer to understand the terms related to prepayments for your specific loan.
Even with bad credit, you may still qualify for certain loan products. We focus on the overall viability of the project and your ability to repay rather than just your credit score, so it’s worth exploring your options with us.
Getting started is simple! Reach out to us via our contact form or give us a call to discuss your needs. Our team is ready to assist you every step of the way.
Our loan limits vary based on the type of loan and the specifics of your project. Generally, we offer flexible amounts designed to accommodate a range of needs, so feel free to inquire about your options.
Absolutely! We welcome any questions you may have. Don’t hesitate to contact us for more information about our loan products and services.
Schedule a call with us today and explore how we can help you achieve your goals. Just click the button below to get started!