Lending Process and Requirements
We make financing simple and streamlined for wholesalers and real estate investors. Here is an overview of our lending process and requirements:
Initial Contact
- Reach out by phone or email to introduce your project and financing needs. We'll discuss the deal specifics and get an understanding of your business model and previous experience.
Submit for Review
- After initial contact, we'll request any documents needed to underwrite the loan, including: Purchase contract, Mutual Release Addendum (if applicable), Comps, Exit strategy, etc.
Underwriting
- Our team will swiftly underwrite the deal. We will analyze the property information, deal numbers, market data, and projected exit strategy.
Approval Decision
- Once we've completed underwriting, you'll receive documents detailing the approved funding terms including rates, fees, and repayment structure.
Closing and Funding
- Upon acceptance of the offer, we'll contact escrow and finalize lending docs. We can provide funding in as little as 1-3 days for transactional funds and 3-5 days for PML from start to finish.
Requirements:
- Valid Purchase and Sale contract.
- Detailed Scope of Work, Comps, ARV, Photos, CMA/Appraisal/BPO.
- Sufficient experience with type of project. HUDS from recently completed projects.
- Entity documents: Articles of Incorporation, Operating Agreement, Proof of Good Standing
- Personal identification, background check, credit score, Bio
We pride ourselves on providing personalized, speedy service to fund your real estate projects. Let us provide innovative lending solutions tailored to your needs!