Do you require a down payment?
Yes, depending upon the buyer’s credit and financial strength, our [...]
Do I need to have a property under contract before applying for a hard money loan?
Our private money lenders can pre-approve you for our loan [...]
Can anyone live in the house during the course of the loan?
No, our private lenders only lend on non-owner occupied properties.
Do you provide proof of funds letters?
Sometimes, provided you have been pre-approved.
Do your private lenders lend money for repairs?
Yes, our private lenders lend money for repairs provided the [...]
Do you charge prepayment penalties?
Yes, we have a minimum prepayment of four months’ interest. [...]
Is an appraisal required? Will you accept a third party appraisal?
An appraisal or BPO is performed by us. We may [...]
What is your minimum loan amount?
Our minimum loan amount is usually $40,000.00. We occasionally fund [...]
In what areas do you lend?
Our private lenders currently lend both residential and commercial investment [...]
What types of properties will your private lenders work on?
Our private lenders primarily lend on non-owner occupied single-family properties, [...]
