We love getting to know our borrowers. Everyone has their own story to tell, and we are honored to be a part of the journey.
In our chats, we have noticed that many potential borrowers have similar questions. One of the first things we are asked is “What are your rates?” followed closely by “How much will you lend?”
In an effort to better answer these questions right up front, we have added a new tool to our website—a Loan/Rate Calculator. You can find this new calculator under the Resources tab on our website.
It’s super easy to use!
Just plug in a few variables for your loan request including the funding amount, loan purpose, as well as some details about the property itself. We will also need to know a little about your own experience level and financial fitness.
Once you have entered the required data, our calculator will work its magic and provide you with an estimated loan value. This value may be lower than your request and is based on several factors including the property’s ARV, LTV and estimated LTC. To see your corresponding rate, just click where it says Click To See Your Estimated Rate. It’s as easy as that.
Of course, we should note that this Loan/Rate Calculator is designed to help you put together a project plan but should not be considered an offer to lend. To get an official offer, you’ll need to sign into your member account on our website and fill out a pre- or full- application. Our loan application video can run you through that process.
If we can answer any questions about our loan programs, please reach out at 443.603.0193 or email@example.com. For specific information about a potential deal, request a no-obligation quote below.
And, if you are looking for your next project, check out our list of off-market properties available for expedited sale.