Obtaining financing is as easy as 1,2 and 3!
Thank you for your interest in our company. We have been funding the purchase of investments properties for over 20 years and will continue to do so for many years to come. We try to make borrowing money as easy as possible. The steps in obtaining a loan through our company are simple:
Submit your loan application along with a recent copy of your credit report. We allow you to submit your credit report to avoid any additional inquiries.
We do not base our loans on credit scores; we do like to see a willingness to re-pay. If the credit is high risk, we may require a higher percentage rate and/or points. The key is to establish a relationship and track record with us.
Provide us the property address, city, purchase price along with the accepted contract and title company information. We will give you a “ballpark” loan amount based on the comparables in the subdivision. Ballparks are subject to inspection of the property, purchase price and credit.
Once you accept the "ballpark loan amount" we will set up an inspection of the property. The cost of inspection is $100 non-refundable, paid to our inspector and is due at time of inspection. After reviewing the inspection report, we will contact you to confirm your acceptance of the final loan amount. We will fax the title company our requirements and loan figures.