Frequently Asked Questions

Do you lend on owner-occupied houses?

No. We only lend to non-owner-occupied investment properties.

Does my credit score affect my ability to borrower?

We are an asset-based lender and consider every loan on a case by case basis no matter your FICO score

Is an appraisal always required to fund a loan?

A full appraisal is not always required. The appraisal type is based upon the asset whether it be a full, restricted, or desktop appraisal.

How are construction draws handled?

Once a borrower requests a draw a preferred general contractor will be sent to inspect the progress of the renovations within 48 hours and will charge a flat fee per inspection. Once the inspection is complete, the funds for the next rehab draw will be released within 24 hours.

Can I cross-collateralize properties to lower my down payment at closing?

Yes, if you own a property, we will often use that property as collateral to reduce the down payment for your project.

Do you lend on commercial properties?

Yes, we lend on residential and multifamily investment properties as well as commercial properties.

Do you lend to foreign investors?

Yes, based on certain criteria

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