FREQUENTLY ASKED QUESTIONS

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Most bridge loans close within 2 weeks. Our rental loans generally close within 4 weeks. That said, the second loan a borrower or broker submits will tend to close more quickly, since documents have already been received.View Map

No, most of our loan programs are asset-based loans. That said, there are often minimum scores well below bank standards. We also make exceptions to these minimums.

Most lenders, including us, usually require cash as a form of “skin in the game”. Evidently, we make exceptions to this frequently.

We will finance a loan with a borrower that has no experience. Of course, more experience means better pricing.

Yes. In fact, the only upfront fee is generally the valuation report (whether a BPO or appraisal).

Submit the preliminary application online. It is one-minute long. Based on this, we will get back to you within the same day to let you know if we can finance your deal. It’s that easy.

No. Only after receiving your online application, we will reach out to you with required items. These often include bank statements, tax returns, scope of work, company documents, and so on. Much of this won’t be necessary the second time around!

We have detailed terms on our Programs page. They are some of the most competitive mortgages out there.

Generally, no. These are all business-purpose loans and non-owner occupied. That said, we have done so in the past in select states that allow for business-purpose loans to be in an individual name.

Usually, yes. Some exceptions have often been made, however.

No, we do not.

No, we only specialize on 1st lien mortgages. We are happy to point you in the right direction, however.

Yes, but only to experienced developers.

We do lend directly and loans fund in our name.

Within 24 hours after the online application has been submitted.

Yes, we generally finance all closing costs.

We don’t have minimum requirements. While credit checks and bank statements are asked, these are generally asset-based loans. For rental loans, we require a certain debt service coverage on the property itself.

Yes, and we will generally finance up to 100% of the rehab costs as well.

Mobile homes, primary residences, and raw land. Everything else is fair game, provided it is real estate-based.