Why do real estate investors use hard money loans?
Real estate investors use hard money primarily for speed, higher leverage, and greater flexibility. Borrowers use Easy Street Capital for the reasons mentioned previously but also because of our relationship focus and reliability - capital you can count on!
What are some of the advantages of using Easy Street Capital?
Easy Street Capital offers real estate investors a major advantage with fast, flexible, and dependable financing designed specifically for investment properties. As a direct private lender, we provide quick decisions, consistent underwriting, and competitive leverage for new construction loans. Borrowers choose Easy Street for our speed—often closing in days rather than weeks—along with responsive communication, in-house draw management, and loan programs built to support both new and experienced investors. Whether you’re scaling a rental portfolio or funding your next project, Easy Street Capital delivers a smoother lending experience from initial quote to final payoff.
What states do you lend in?
We lend nationwide with a few exceptions (LA, MN, SD, ND, Baltimore, Chicago, Detroit). See map for details: Where We Lend
Are there minimum credit requirements to obtain a New Construction loan?
Easy Street Capital's EasyBuild program requires a minimum credit score of 680.
What are your terms?
Easy Street Capital's Ground-Up Construction interest rates starting at 9.90%, 9-24 month terms (with extension provisions) 0-2 points, and a $1995 document fee. Please inquire about custom terms for experienced and/or repeat borrowers.
What is a point?
A “Point” is a fee on a loan that is incurred at the time of funding. A point is equivalent to 1% of the total loan amount.
How much down payment is required?
This will vary based on the particular loan, but typically the borrower will have to put in a down payment of at least 10% for a ground-up construction loan.
What is the maximum LTV (Loan to Value)?
Easy Street Capital determines Loan To Value (LTV) calculations based on our in-house valuation of the property. In most cases the max LTV is 75% for our EasyBuild program.
Will you lend money for the construction and purchase?
Yes, our loans can fund the purchase and the new construction costs.
Do you charge prepayment penalties?
No, we do not have prepayment penalties on ground-up construction loans.
How quickly can you close?
Easy Street Capital has full discretion which allows us to fund your loan in as little as 48 hours if all parties are prepared to close.
Do you require insurance?
Yes. Every property we lend on is required to carry title, liability, and hazard insurance.
How can I apply for a loan?
You can apply for a loan by filling out the 1-minute loan app. Click here to get started!
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Take the next step in your investment journey with a trusted, reliable lender that has your best interest in mind. Get in touch or request a quote today.