Typical Funding Process
Funding programs include debt, interest only debt, joint ventures and lines of credit. We work with you to determine the best approach and create the best program for you and your project.
The Process
Underwriting is industry standard, typically takes 2-4 weeks based on the info you provide, and closing is possible in 30-60 days.
We are lenders, and all programs require a cash down payment at closing, an approved budget, proformas, and monthly cost projections to match in a standard draw schedule.
Our process starts with a simple submission form submitted to the Funding Group operating in your location. Once we have reviewed that submission, we schedule meetings or calls, to review the project,
our underwriting process, that ends with a closing. Underwriting will definitely include a site inspection, face to face meetings with borrower and team, with full verification from A-Z.
As a Direct Lender, we do not believe in ‘upfront fees” and do not charge for submissions, processing or underwriting. We get paid at the closing, from the loan. We accept direct submissions from developers, and professional brokers.
Projects Funded
UMA Project
EXECUTIVE SUMARY Project Real State 38 Lux Condos Investment Capital: $8.8 Million USD Debt: $20.6 Million USD IRR 22% Term 3.5 Years Location Playacar (Playa del Carmen) It is an honor to invite you to invest in the UMA project, this invitation is extended...