Recent Fundings

Real Investments. Real Results.

Single-Family Residence

Austin, TX

Loan Amount / $310,000
Rate / 8.375%

Purpose / Cash-Out Refinance
LTV / 36.3%

$310,000 Texas DSCR Rental Loan for a Cash-Out Refinance of a rental property in Austin. Known as the Live Music Capital of the World Austin boasts a thriving music, arts, and cultural scene.

PUD

Springfield, MO

Loan Amount / $150,000
Rate / 8.750%

Purpose / Cash-Out Refinance
LTV / 75.0%

$150,000 Missouri DSCR Rental Loan for a Cash-Out Refinance of a rental property in Springfield. This property underwent considerable renovations since acquisition in early 2023. It is currently being used as a short-term rental.

Fix and Flip

Atlanta, GA

Loan Amount / $214,200
LTC / 85%

Construction Funding / $51,000
LTV / 64%

Initial Funding / $163,200

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

Multifamily

Cincinnati, OH

Loan Amount / $455,000
Rate / 8.375%

Purpose / Acquisition
LTV / 70.0%

$455,000 Ohio DSCR Rental Loan for an Acquisition of a rental property in Cincinnati. All five units are 1,200 square feet and feature two bedrooms and one bathroom. Typical units feature granite countertops, hardwood flooring, and updated kitchens and bathrooms.

Fix and Flip

Atlanta, GA

Loan Amount / $185,300
LTC / 85%

Construction Funding / $51,000
LTV / 67%

Initial Funding / $134,300

Repeat borrower doing a cosmetic rehab with an exit strategy to sell.

Single-Family Residence

Baltimore, MD

Loan Amount / $523,250
Rate / 74.5%

Purpose / Cash-Out Refinance
LTV / 9.375%

$523,250 Maryland DSCR Rental Loan for a Cash-Out Refinance of a rental property in Baltimore. Baltimore is known for its historic sites and is home to the National Aquarium and multiple Professional sports teams. The property is currently occupied on a long-term lease.

Fix and Flip

Bowie, MD

Loan Amount / $260,800
LTC / 80%

Construction Funding / $40,000
LTV / 69%

Initial Funding / $220,800

New borrower doing a cosmetic rehab with an exit strategy to sell.

Duplex

Camden, NJ

Loan Amount / $113,236
Rate / 8.875%

Purpose / Rate-Term Refinance
LTV / 43.1%

$113,326 New Jersey DSCR Rental Loan for a Rate-Term Refinance of a rental property in Camden. Spanning three stories and built in 1890, this historic gem boasts a total of 2,074 square feet.

Fix and Flip

El Cajon, CA

Loan Amount / $559,250
LTC / 84%

Construction Funding / $72,500
LTV / 70%

Initial Funding / $486,750

Borrower doing a cosmetic rehab with an exit strategy to sell.

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