Recent Fundings

Real Investments. Real Results.

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.

Duplex

Daytona Beach, FL

Loan Amount / $205,800
Rate / 7.625%

Purpose / Acquisition
LTV / 79.8

$205,800 Florida DSCR Rental Loan for an Acquisition of a rental property in Daytona Beach. Located in front of the extensive Ridgewood Avenue, the property is easily integrated with the surrounding amenities that Daytona Beach has to offer. There are several options for shopping, schools, and attractions near the subject. Tenants of the property can thus enjoy the benefits of a suburban community, whether it be from the different golfing sites available to them, a visit to the nearby Daytona International Speedway, or, of course, spending the day at the coveted Daytona Beaches located only minutes away.

Single-Family Residence

Boston, MA

Loan Amount / $918,750
Rate / 8.000%

Purpose / Acquisition
LTV / 75.0

$918,750 Massachusetts DSCR Rental Loan for an Acquisition of a rental property in Boston. The property is located in close proximity to the Neponset River, Joseph Finnegan Park, and other tourist attractions. Boston, Massachusetts is home to the Red Sox Major League Baseball team, Harvard University, and multiple historic sites such as the American Revolution. Upon purchase, the property will be utilized as a short-term rental.

Single-Family Residence

Huntsville, AL

Loan Amount / $143,500
Rate / 7.125%

Purpose / Acquisition
LTV / 70.0%

$143,500 Alabama DSCR Rental Loan for an Acquisition of a rental property in Huntsville. This contemporarily designed property showcases new luxury vinyl tile flooring, along with a new roof, vinyl windows, and water heater. Not to mention the sleek updated bathrooms with black finishes and a remodeled kitchen with stainless steel appliances, granite cabinets, and a subway tile backsplash. The backyard is also large enough to add a pool, for now, the porch on the side of the house offers great shade to escape the Alabama heat.

Single-Family Residence

Concord, CA

Loan Amount / $515,000
Rate / 8.000%

Purpose / Cash-Out Refinance
LTV / 64.8%

$515,000 California DSCR Rental Loan for a Cash-Out Refinance of a rental property in Concord. The home features a remodeled kitchen and bathrooms, with modern finishes and quartz countertops. The family room has a fireplace and there is a kitchenette in the back of the home. Concord, California is in the San Francisco Bay Area and is known for Todos Santos Plaza, which hosts various concerts, restaurants, and community events throughout the year.

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