Make offers confidently & get properties under contract fast
Having a Proof of Funds will significantly improve your chances of getting and closing your real estate deal! If you’re making offers on real estate, the Proof of Funds Letter is a very SIMPLE but POWERFUL addition to the Offer Package. In fact, most borrowers and agents won’t even look at an offer unless there’s a Proof of Funds letter attached. A proof of funds letter verifies and provides proof to a seller that the funds to purchase their property are available and ready to be used toward the purchase.
After you have determined that you want to make an offer on a property, the next step will be to acquire your proof of funds letter so you can get it under contract and begin the due diligence process. Ask for Your Proof of Funds Letter Today!
How Much Can I Borrow?
Every loan is unique. We do not use pre-determined formulas to tell you how much we can lend. Many times we can loan much more than others who cap loan amounts at 70% LTV, especially when cross collateralization is used. Loan amounts are determined based on the un-securitized equity in a property or properties you currently own or want to buy. We will work hard to determine the highest loan value possible.
What Are The Loan Terms?
Interest rates on hard money loans are higher compared to bank financing. However, the increased interest expense is a trade-off for faster access to capital, a less stringent approval process, flexibility in the repayment schedule, and no closing points. We offer interest only loans with up to 24 months to pay back. You pay only the monthly interest due each month until the loan is paid back in full.
24/7 Proof of Funds Availability for Real Estate Investors
Verification of Funds When You Need It
Shows you are a Serious Investor
Fix and Flip
A Fix and Flip Loan is a Short-term, non-owner-occupied construction loan. You can Finance up to 100% of the Rehab Costs and up to 85% of the purchase, interest only is possible. New Investors are welcomed.
Short-Term Bridge
A Short Term Bridge Loan is Short-term financing for residential, commercial & mixed-use properties. Low interest rates hard money loans. Up to 24 months. Refinance or Cash out with our low interest rates.
Buy and Hold
Buy and Hold or “Rental Loans” also known as Long-term financing, is for investors who are holding properties for rental income. These Non-owner occupied loans can be a 30 year fixed amortized hard money loan.
Multifamily
Multi-family properties 5 Units or More. Short-Term financing Fix or Flip and Bridge. Rental Loans or Long-Term financing. Refinance or Cash-out.
Ground Up
Ground Up Construction is for the Experienced Investor or Developer. We can provide funding for the land acquisition and the Rehab Costs for up to 18 months.
