24-48 HOUR APPROVALS WITH NO CREDIT SCORE REQUIREMENTS
Learn about our programs and see why hundreds of residential and commercial real estate investors have turned to Shannon and his team for their financing needs.
Program and Process Highlights
- Borrowers may be able to close in as little as 10 days from the time they sign our disclosure package which lays out the terms in black and white.
- We lend up to 100% of purchase price when it makes sense. Construction draws are sometimes available on homes with excellent ARV potential.
- We lend up to 80% Loan-to-Value (LTV) on cash-out refinances. We use multiple factors to establish current value.
- Borrowers may be able to get 24-48 hour approvals with no minimum credit score requirements.
- We can provide price quote and loan amount estimates within 24 hours of our initial phone conversation.
- We lend on Investment Properties, Commercial Properties, and Primary Residences.
- Primary residence loans are available with 50% down or 50% LTV.
- We offer 2 year balloon terms and shorter options.
- There is between a 0-12 month prepayment penalty depending on multiple factors.
- Renewals are sometimes available after the end of the loan term without having to close a second time.
- The maximum loan amount is $1 Million. We get more conservative with underwriting above 300K.
- Blanket loans on multiple properties are available.
- Foreign Investors are OK with a seasoned US bank account and a Florida S Corp or LLC.
- Pre-Approval letters along with PROOF OF FUNDS are available after receiving a full application and the delivery of all other needed items (i.e. 2 full bank statements or tax return, ID, and name of insurance agent).
- Borrowers must guarantee the loans personally.
- Borrowers must insure the property. Wind insurance is required. Flood is not required in all cases.
- Investment opportunities for private lenders are available. Call our team for details.
- Learn about our Fix and Flip loan programs.