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 and Commercial Properties Only (NO EXCEPTION TO THIS GUIDELINE – NO PRIMARY RESIDENCE).
- 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.