our process
1. APPLY
2. PROCESSING AND VALUATION
2. PROCESSING AND VALUATION
Get stared with a Quick Quote or fill out an App online.
2. PROCESSING AND VALUATION
2. PROCESSING AND VALUATION
2. PROCESSING AND VALUATION
Our Loan Setup Specialists perform several tasks to validate pricing, closing date, file completeness and preparation for the next milestone. At the same time, our Valuations Team reviews the BPO/Appraisal that was ordered to ensure an accurate value is being derived.
3. UNDERWRITING
2. PROCESSING AND VALUATION
3. UNDERWRITING
Our Underwriters review your loan file and cross-reference application data with property records, documents and reports to provide you a list of any required conditions needed to be satisfied.
4. CONDITIONS
6. CLOSING AND FUNDING
3. UNDERWRITING
The last few things we should need to move your loan request to the next step.
5. APPROVAL
6. CLOSING AND FUNDING
6. CLOSING AND FUNDING
You will receive Final Approval once conditions are satisfied and value has been confirmed. Closing and Funding.
6. CLOSING AND FUNDING
6. CLOSING AND FUNDING
6. CLOSING AND FUNDING
Docs are drawn within 24 hours of Approval and sent to Escrow/Title for signing. Once signed, docs are finalized and your loan is funded!
LOAN PROGRAMS
GROUND-UP Up to 90% LTC 11.99%+ Rate SFR, Multi-Family, Mixed Use
1 Ground-Up Completed OR 3 Flips Last 3 Years12 - 24 Months$75K - $10MM Refi or Purchase650+ Credit *Commercial by exception
FIX-&-FLIP, BRIDGE Up to 90% of Purchase100% of Rehab 10.99%+ Rate SFR, Multi-Family, Mixed Use
No Experience OK Up to 75% ARV LTV$75K - $10MMRefi or Purchase NO CREDIT REQUIRED *Commercial by exception
NO-DOC RENTAL Up to 80% of PurchaseUp to 80% Refi / CashOut 8.375%+ Rate SFR, Multi-Family & Portf
30 Years Fixed1.10+ DSCR $75K - $10MM Refi or Purchase620+ Credit *Commercial by exception
COLLATERAL
Up to 70% of Purchase Up to 60% Refi / Cash Out 8-12% Rate SFR, Multi-Family & Portfolio 3-18 Months NO DSCR $10K - $1MM Refi or Purchase NO Credit NO Commercial
CREDIT LINE
Up to 40% of Collaterral1st lien position 7-12% Rate SFR, Multifamily 1-12 Months NO DSCR $10K - $500K Purchase Only NO Credit NO Commercial