Housing Market Remains Strong Through Pandemic
Our local private money loan structure:
- Products: Fix & flips, bridge loans, new construction loans (residential and commercial)
- Financing: 80%-90% of the cost (purchase price + rehab expenses)
- Rates: 8%-10.5% + 1-2 points
- Amount: $100k – $3M
- Closing Time: 8-10 days
- No junk fees — No docs fees, processing fee, underwriting fee, legal fee, etc.
- Lower Overall Rate — Construction loan Interest-only assessed on released funds
- Pre-Construction Advance — 1/3 of your rehab budget advanced on day 1
- Quick Draw Process — Draws released immediately after inspection
- Fast service — We are a small team and move quickly to approve and fund
- We are direct lenders — loans are funded in-house and we service our loans. We are not brokers.