This is a service that is offered to Mortgage Professionals for loans that are for investment purpose only. Our job is to assist Capital Providers by screening and pre-underwriting loans to their guidelines.
This helps the originator to understand what is needed. We help by processing and preparation of loan packages, so you can hit the ground funding.
Variety of Capital Providers
Capital providers range from Lenders with Wallstreet Capital, Pension backed Insurance funds, and Individual Investors. These investors typically have no or low points and fees.
Two plus years of mortgage origination experience.
Licensed where applicable.
You must be appropriately licensed.
Private and Hard Money Guidelines
Fix and Flip | Bridge | New Construction
- Loan amount from $85,000 to $3,000,000
- No Points
- FICO 650+
- Loan to ARV up to 70%
- Term Length up to 2 years
- No prepayment penalty
- Single-family residences
- Multi-family dwellings
- Rented property
- 1 – 3 year terms
- Prepayment penalty may apply.
Frequently Asked Questions
Who funds the loan
These loans are funded by the capital provider.
How Long does it take to fund a loan?
This is mostly a function of how complete the loan package is. If you have a complete loan package loans can close within 10 business days.
Do you speak with the borrowers?
No, that is your job. We will communicate with you, and you keep the contact with your borrower.
Do we speak with the capital providr?
No. You provide the documents needed to submit to underwriting and we maintain the communication with the Capital Provider.
Can we increase the interest rate and receive a premium for that?
No. You can charge points but you can not increase the interest rate to receive a yield.
Submit your deal to get started