Recent Fundings

Real Investments. Real Results.

Single-Family Residence

Waterloo, SC

Loan Amount / $400,763
Rate / 7.500%

Purpose / Cash-Out Refinance
LTV / 64.1%

$400,763 South Carolina DSCR Rental Loan for a Cash-Out Refinance of a rental property in Waterloo. Sitting right up against the Saluda River and in close proximity to Lake Greenwood, it offers direct water access for swimming, fishing, and boating with its own private boat dock. Waterloo, South Carolina is a popular destination for the aforementioned activities thanks to its beautiful weather in the spring, summer, and fall, and its abundance of outdoor activities.

Single-Family Residence

Philadelphia, PA

Loan Amount / $167,844
Rate / 9.625%

Purpose / Cash-Out Refinance
LTV / 69.6%

$167,844 Pennsylvania DSCR Rental Loan for a Cash-Out Refinance of a rental property in Philadelphia. In the Germantown Morton neighborhood, this property is within walking distance of schools, shopping, and recreation centers.

New Construction

Nashville, TN

Loan Amount / $816,000
LTC / 85%

Construction Funding / $575,000
LTV / 64%

Initial Funding / $241,000

Local architect taking on their first EasyBuild project.

New Construction

Fair Oaks, CA

Loan Amount / $472,500
LTC / 75%

Construction Funding / $60,000
LTV / 70%

Initial Funding / $412,500

Realtor doing a full gut on home with new additions.

New Construction

Bastrop, TX

Loan Amount / $326,499
LTC / 82%

Construction Funding / $326,499
LTV / 64%

Initial Funding /

New borrower and experienced investor with 3 investment properties adding new structures to lots!

Single-Family Residence

Madison, TN

Loan Amount / $382,000
Rate / 7.250%

Purpose / Rate-Term Refinance
LTV / 74.9%

$382,000 Tennessee DSCR Rental Loan for a Rate-Term Refinance of a rental property in Madison. Madison is a suburban neighborhood in northeast Nashville and has access to employment, schools, restaurants, entertainment, and shopping. Only 15 miles from downtown Nashville, the property location is perfect for having access to the thriving music scene, while having privacy and space in a neighborhood.

Single-Family Residence

Parkersburg, IA

Loan Amount / $103,800
Rate / 9.000%

Purpose / Cash-Out Refinance
LTV / 75.0%

$103,800 Iowa DSCR Rental Loan for a Cash-Out Refinance of a rental property in Parkersburg. This residence has three bedrooms and one bathroom. Recent renovations include new flooring, windows, interior painting, and furnace. Parkersburg is located approximately 30 miles west of Waterloo, it is a stable market with balanced supply and demand and marketing time of 3-6 months.

Fourplex

Alton, TX

Loan Amount / $208,000
Rate / 9.875%

Purpose / Acquisition
LTV / 80.0%

$208,000 Texas DSCR Rental Loan for an Acquisition of a rental property in Alton. All units feature two bedrooms and one and a half bathrooms, with an average unit size of 1,022 square feet. Located in Alton, Texas, the subject property is just outside of McAllen, Texas offering no shortage of amenities such as schools, retail, and employment opportunities.

Multifamily

Knoxville, TN

Loan Amount / $336,000
Rate / 9.000%

Purpose / Rate-Term Refinance
LTV / 70.0%

$336,000 Tennessee DSCR Rental Loan for a Rate-Term Refinance of a rental property in Knoxville. Knoxville is home to the University of Tennessee with ~34,000 students in addition to the general population of 190,740 people. The city has a diverse and growing economy with manufacturing, healthcare, education, and technology industries in addition to acting as a major transportation hub in the region with the intersection of I-40 and I-75. Rents in the South Knoxville Submarket have increased 7.4% yearly over the past decade.

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