Funding Products

Transactional Funding is a short term loan provided to real estate investors who are buying and selling houses. The loan is used to close on the purchase of the home and it is paid back when the house is sold to a third party. The key element that defines a loan as "Transactional Funding" versus "Hard Money" is that the end buyer is under contract at the time the loan is made for the close on the purchase. 

Hard Money Fix and Flip loans allow an Investor to buy a property putting down 10 to 20%, plus receive 100% of the funding necessary for any Rehab. The terms of these loans are usually 12 months, but can go as long as 24 months. The Investor will only need to make Interest-Only payments for the duration of the loan. It's ok if you have Zero experience! You can pay off the loan with no prepayment penalties after 3 months.

Hard Money Buy and Hold Rental loans are intended for those Investors who expect to keep a property and rent it to tenants. An Investor can get this type of loan immediately after completing a Fix and Flip, or as they are making their first purchase of the property. The Loan Term can be as short as 3 years or as long as 30 years. 

As interest rates flunctuate, Investors can choose to Refinance their existing loans. They can get Refinance a single property or a portfolio. The process is relatively seamless, especially if the original loan is with the same lender who is providing the Refinanced loan.