Short Term 12 Month
Purchase – Rehab – Refinance

Frequently Asked Questions

Check out our list of frequently asked questions below.

How many origination points will be charged at closing on an investor purchase or refinance loan?

The maximum origination points charged is 3.99% of the total loan amount. This is less than most hard money lenders charge across the country.

Can I purchase another property once my original loan is paid in full?

Yes. In fact, your 2nd and subsequent loan transactions will be easier and faster assuming you are using the same name and/or entity since we will have your original underwriting documents on file, all you will need for your next transaction is the actual property details which you can submit through our online portal.   With the exception of periodic updates to certain documents.

What states does Investor Rehab Funding currently broker real estate loans?

Investor Rehab Funding currently brokers hard money real estate investment loans Nationwide, except in the following states:  Arizona, California, Idaho, Maine, Montana, Nevada, New York, North Dakota, South Dakota, Utah and Vermont

What is the maximum LTV possible on an investor purchase or refinance?

The maximum LTV is 75% of the AS-IS Value.   The maximum LTV based on the After Repair Value (ARV) is 75%.

Why should I use Investor Rehab Funding for my next investment purchase or refinance?

Investor Rehab Funding is an independent hard money broker that works with major direct lenders to match its clients with the best investor financing funding sources available in the marketplace. As a result, our clients get the most competitive credit financing options, flexible terms and lowest interest rates available in the marketplace.

How long does it typically take to close on a purchase transaction?

On average we can close on any transaction in about 15 business days from the time we receive ALL REQUIRED DOCUMENTATION.  Delays in closing are normally due to appraisal/property value, title issues, etc.  For purchase transactions, the purchase agreement/contract closing date must be a minimum of 15 business days from the time we receive all required documentation or the purchase agreement/contract must be amended to extend the closing date.

Can I obtain a 2nd mortgage or have seller financing with an investor purchase loan?

There can be no subordinate financing of any type associated with any loan transaction.

Why is there no appraisal required for the underwriting process?

With our Gold Funding Program, there is no requirement to obtain a traditional full real estate appraisal. Instead a Broker Price Opinion (BPO) is used.  This feature saves time and money for our clients.  However, full property appraisals are required for 2-4 units valuations.

Is there a pre-payment penalty to pay off the balance in full at any time?

There are no pre-payment penalties associated with our fix and flip or new construction investor financing programs.  Please note that our 30 year financing products does carry a pre-payment penalty.

Get Started Now – Free Pre-qualification – No Credit Check Required!

Low Rates – Flexible Terms – Close in 10 days Or less!