America's Funding Partners

About America's Funding Partners

America's Funding Partners is hard money lender headquartered in Charlotte, NC. They offer loans in Charlotte. They offer commercial loans and short term loans. They provide loan amounts ranging from $1,000,000 to $25,000,000 with a maximum LTV of 75%, rates ranging between 8% and 12%, and terms between 6 months and 36 months. They offer loans on various types of properties, including multi-family, apartments, office buildings, retail spaces, hotels and motels, storage buildings, senior living facilities, mixed use buildings, warehouse spaces, industrial buildings, medical offices, and raw land.

Loan Types Offered: Commercial Hard Money Loans, Bridge Loans

Property Types Covered: Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical, Land

Areas Served: Charlotte

Lending Guidelines for America's Funding Partners

Below are the general loan guidelines published on the America's Funding Partners website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by America's Funding Partners.

Loan Example 1

So he can purchase a new office space for his business, Danny looks to America's Funding Partners to fund his acquisition with a commercial hard money loan since he is not able to secure a standard loan from a bank. The list price of the new property is $330,000 and the lending company agrees to contribute 55% of the price (the loan to value / "LTV"), or $181,500. The remaining $148,500 will have to be paid by the borrower when the sale closes. The loan also includes a 12 month length, a 10% interest rate, interest only payments paid each month with a final payment at the end of the note (with no pre-payment penalty), and a 4 percent origination fee. Danny will pay the origination fee of $7,260 and will then begin making the monthly payments of $1,513 ($181,500 principle amount x 10% interest / 12 months in a year). He may pay back the note whenever he wants to since there is not a pre-payment penalty but he will be responsible for the original principle whenever he eliminates the loan.

Loan Example 2

Joann takes a private money bridge loan from America's Funding Partners in order to remodel a townhouse to re-sell in Charlotte, NC. The deal has the following terms:

a) A $370,000 sales price, b) a 65% loan to value (LTV), c) a 12 month term, d) a 11% interest rate, and e) a 5% origination fee.

If Joann accomplishes her goal of a $481,000 sales price, the final numbers of the project would be as follows:

$481,000 sales price
- $240,500 principle on note (65% LTV)
- $129,500 down payment (35% on 65% LTV)
- $12,025 origination points (5% of the $240,500 principle amount)
- $26,455 total interest paid (12 months x 11% interest)
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= $72,520 total profit (does not include taxes or renovation costs)

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