How long does it take to get approval for a loan?

Getting approval for a loan takes approximately 4 mins. Enter your property address here to start.

How much money do I need for a down payment?

We typically ask for a minimum of 10% to 15% of the purchase price as a down payment, but this figure can vary depending on your experience, the economic environment, or the property.

Do you provide rehab funds?

Yes, we can fund up to 100% of your rehab as long as the total loan amount does not exceed 75% of the ARV (After-Repair Value).

Do you have a minimum or maximum loan amount?

We can lend between $50,000 and $1,500,000. Our average loan is $250,000.

Is there a limit to the number of loans I can have at once?

No, you can have as many loans as you want at one time. If you have the operational capacity and the liquidity to handle multiple projects at once, then we happily fund all of them.

Can I get a loan for my primary residence?

No, currently we only provide loans for business purposes.

How do I determine the interest rate on my loan?

The best way to determine the interest rate on a loan is by requesting a Term Sheet. To do this, fill out the Loan Application here and we will send you a Term Sheet.

Do I need to have a good credit to apply for a loan?

Although having good credit helps, we can lend to borrowers with below average credit. Our underwriting criteria places more weight on the value of the property and your ability to execute the project.

Do I need to have experience to get a loan

Having verifiable experience helps, but everyone must start somewhere. If the property you are purchasing has good upside potential and you can demonstrate that you have conducted your due diligence, then you can get approved for a loan.