Recent Fundings

Real Investments. Real Results.

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.

Single-Family Residence

Pooler, GA

Loan Amount / $344,000
Rate / 7.625%

Purpose / Rate-Term Refinance
LTV / 80.0%

$344,000 Georgia DSCR Rental Loan for a Rate-Term Refinance of a rental property in Pooler. This short-term rental has undergone recent extensive renovations that include new flooring, windows, an additional room, and fresh paint, among others.

Condo

Tempe, AZ

Loan Amount / $315,000
Rate / 8.625%

Purpose / Cash-Out Refinance
LTV / 60.0%

$315,000 Arizona DSCR Rental Loan for a Cash-Out Refinance of a rental property in Tempe. Located in the heart of downtown Tempe, this property is currently leased long-term and enjoys entertainment and shopping provided on Mill Avenue just one block away.

Fix and Flip

Saint Petersburg, FL

Loan Amount / $180,000
LTC / 90%

Construction Funding / $45,000
LTV / 62%

Initial Funding / $135,000

Experienced borrower completing a cosmetic rehab in Saint Petersburg, FL with an exit strategy to sell.

Fix and Flip

Boynton Beach, FL

Loan Amount / $272,000
LTC / 85%

Construction Funding / $21,250
LTV / 66%

Initial Funding / $250,750

Novice borrower completing a cosmetic rehab with an exit strategy to sell.

Single-Family Residence

Saint Cloud, MN

Loan Amount / $148,000
Rate / 8.125%

Purpose / Rate-Term Refinance
LTV / 80.0%

$148,000 Minnesota DSCR Rental Loan for a Rate-Term Refinance of a rental property in Saint Cloud. This property is well located in a suburban neighborhood just south of downtown Saint Cloud, within walking distance to various restaurants, bars, and the city’s main business district.

Single-Family Residence

Lake Ozark, MO

Loan Amount / $546,940
Rate / 8.750%

Purpose / Acquisition
LTV / 80.0%

$546,940 Missouri DSCR Rental Loan for an Acquisition of a rental property in Lake Ozark. This lake-front, short-term rental property features a spacious design finished with modern fixtures, as well as several amenities including mini golf and a game room with billiards and ping pong. Lake of the Ozarks is Missouri’s most popular lake destination, attracting visitors from across the country.

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