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Questions about our loans
Straight answers about who we lend to, how direct and placed loans work, and what to send.
Do you lend on a home I live in or plan to live in?
No. Every loan we make or arrange is a business-purpose loan on investment or commercial property. We do not make or arrange loans on owner-occupied homes, including a unit in a 2–4 unit building you live in, or for personal, family or household use. Our rental property mortgages are for properties you rent out.
Are you a direct lender or a broker?
Both. Some loans we fund ourselves. When another lender is a better fit for the property type, size, location or pricing, we place the loan with a lender we work with. Your term sheet names the lender, and any fee we are paid for placing the loan is disclosed before you sign.
What rates and leverage do you offer?
It depends on the property, the plan, your experience and where the deal is. We do not publish rates because a posted rate rarely matches a real deal. Send the deal and we will tell you what we can do.
Do I need to borrow through an LLC?
Most business-purpose loans close in the name of a business entity such as an LLC or corporation. We will tell you what your deal requires.
Do you need my tax returns?
For DSCR rental loans, qualification is based mainly on the property’s rent. Other loan types look at different things, such as your experience, liquidity and the project budget.
Which states do you lend in?
Not every program is available in every state. Tell us where the property is and we will tell you whether we can help.
What should I send to get started?
The property address, purchase price or current value, the loan amount you need and your plan. If there is renovation, include the budget and expected value after repairs. For rentals and commercial property, include the rent roll or expected rents.
More detail on business-purpose lending and how placed loans are paid for is on our disclosures page.
Send us the deal
Tell us about the property and what you need. The more numbers you include, the more useful our answer will be.
Prefer to check the numbers first? Use the deal calculator.