Recent Fundings

Real Investments. Real Results.

Single-Family Residence

Seattle, WA

Loan Amount / $1,188,200
Rate / 8.250%

Purpose / Cash-Out Refinance
LTV / 64.5%

$1,188,200 Washington DSCR Rental Loan for a Cash-Out Refinance of a rental property in Seattle. This short-term rental has undergone extensive renovations within the past year, including remodeled kitchens and bathrooms, and a complete exterior remodeling of the detached garage behind the property.

Fix and Flip

Nashville, TN

Loan Amount / $1,137,500
LTC / 84%

Construction Funding / $350,000
LTV / 70%

Initial Funding / $787,500

Experienced borrower completing a full rehab in Nashville, TN with an exit strategy to sell.

Single-Family Residence

Portsmouth, VA

Loan Amount / $227,500
Rate / 8.875%

Purpose / Rate-Term Refinance
LTV / 70.0%

$227,500 Virginia DSCR Rental Loan for a Rate-Term Refinance of a rental property in Portsmouth. Currently occupied on a long-term lease, this recently renovated property features updated kitchen and bathrooms with new floor coverings, plumbing, and light fixtures.

Duplex

Buffalo, NY

Loan Amount / $149,800
Rate / 8.125%

Purpose / Rate-Term Refinance
LTV / 70.0%

$149,800 New York DSCR Rental Loan for a Rate-Term Refinance of a rental property in Buffalo. This duplex features an open porch, a two-car garage, and a full basement. It is located in a suburban neighborhood northeast of downtown Buffalo, surrounded by similarly styled properties.

Duplex

New Haven, CT

Loan Amount / $225,000
Rate / 6.750%

Purpose / Cash-Out Refinance
LTV / 50.0%

$225,000 Connecticut DSCR Rental Loan for a Cash-Out Refinance of a rental property in New Haven. This property is currently fully leased out and stands in good condition following renovations to the kitchens, bathrooms, electrical, and plumbing.

Single-Family Residence

Savannah, GA

Loan Amount / $654,500
Rate / 6.375%

Purpose / Acquisition
LTV / 70.0%

$654,500 Georgia DSCR Rental Loan for an Acquisition of a rental property in Savannah. This short-term rental is located in a luxurious neighborhood and features a spacious balcony overlooking a paved patio, a grand family room on the bottom floor, and covered porches on both sides of the house.

Single-Family Residence

Monticello, IN

Loan Amount / $236,250
Rate / 8.500%

Purpose / Acquisition
LTV / 75.0%

$236,250 Indiana DSCR Rental Loan for an Acquisition of a rental property in Monticello. Monticello is known as a popular tourist destination in north-central Indiana. This property features original oak floors throughout and a cedar exterior that adds to the rustic feel of the property.

PUD

Plainfield, IL

Loan Amount / $165,000
Rate / 8.000%

Purpose / Cash-Out Refinance
LTV / 60.0%

$165,000 Illinois DSCR Rental Loan for a Cash-Out Refinance of a rental property in Plainfield. Located in a southwestern suburb of Chicago, the neighborhood is prosperous and pedestrian-focused with easy access to several interstates and state highways.

Fix and Flip

Des Moines, IA

Loan Amount / $133,059
LTC / 85%

Construction Funding / $42,534
LTV / 67%

Initial Funding / $90,525

Experienced borrower completing a cosmetic rehab in Des Moines, IA with an exit strategy to sell.

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