LOAN FUNDr
34 South Broadway, Suite 204
White Plains, NY 10601
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About LOAN FUNDr
(212) 634-7899 - Loan Fundr a premier Nationwide asset-based lender using technology to close loans fast. We think creatively, providing fair and transparent loans that get our clients what they need.
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Loan Types Offered: Hard Money Loans, Investment Property Loans, Fix and Flip Loans, Refinance / Cash Out Loans, Bridge Loans
Property Types Covered: Single Family, Multi Family, Apartment, Mixed Use
Areas Served: National
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Lending Guidelines for LOAN FUNDr
Below are the general loan guidelines published on the LOAN FUNDr website. Please confirm all terms and rates directly with the lender.
Hard Money Loans
Loan Amounts: $75,000 - $5,000,000
Available Rates: 7.99% - 9.99%
Typical Terms: 6 months - 36 months
Points Charged: 1% - 2%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 90%
Owner Occupied Allowed: NO
Interest Only Loans: NO
Prepayment Penalties: NO
Minimum FICO Score: 620
Time to Close: 3 DaysInvestment Property Loans
Loan Amounts: $75,000 - $10,000,000
Available Rates: 5.99% - 9.99%
Typical Terms: 6 months - 60 months
Points Charged: 1% - 2%
Max Loan-to-Value (LTV): 50%
Max Loan-to-Cost (LTC): 70%
Owner Occupied Allowed: NO
Interest Only Loans: NO
Prepayment Penalties: YES
Minimum FICO Score: 620
Time to Close: 2 WeeksFix and Flip Loans
Loan Amounts: $75,000 - $5,000,000
Available Rates: 7.99% - 9.99%
Typical Terms: 6 months - 24 months
Points Charged: 1% - 2%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 90%
Owner Occupied Allowed: NO
Interest Only Loans: NO
Prepayment Penalties: NO
Minimum FICO Score: 620
Time to Close: 3 DaysRefinance / Cash Out Loans
Loan Amounts: $75,000 - $5,000,000
Available Rates: 6% - 9.99%
Typical Terms: 6 months - 60 months
Points Charged: 2% - 4%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 75%
Owner Occupied Allowed: YES
Interest Only Loans: NO
Prepayment Penalties: NO
Minimum FICO Score: 620
Time to Close: 3 WeeksBridge Loans
Loan Amounts: $75,000 - $5,000,000
Available Rates: 7.99% - 9.99%
Typical Terms: 6 months - 24 months
Points Charged: 1% - 2%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 85%
Owner Occupied Allowed: NO
Interest Only Loans: NO
Prepayment Penalties: NO
Minimum FICO Score: 620
Time to Close: 1 Days -
Loan Examples
The following loans are for education purposes only. They do not represent actual loans executed by LOAN FUNDr.
Loan Example 1
Loan Example 2
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by Viconne 10/28/2019
Very straight forward. I have done quite a few deals with them.
Very straight forward. I have done quite a few deals with them.
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