At Elite lending Partners we are direct lenders that have extensive experience with providing funding for acquisition and rehab projects as well as bridge financing. Our loan program allows for flexibility and quick access to capital that is in line with our swift underwriting procedures. We lend on loan sizes up to max of $5M on a 1 to 2 year short-term loans.
Collateral-based loans, up to 90% of the acquisition and 100% of the renovation cost, closing within 5+ days, not credit sensitive, Commitment In 24 Hours, Underwrite and Fund In-House.
No prepayment penalties, you ONLY pay for what you use.
We offer up to 90% of Purchase and 100% of Rehab or 75% ARV
No monthly minimum, where the investor is locked in for 3-6 months of payments.
Unlimited draws, no lien waivers, No photos, No invoices, simple inspection, simple draw.
No junk fees or Application fee
H.M. Rates starting from 9.75%+, based on LTV (pro rata)
Loans are 12 months, not 10 months where you’re paying more per dollar/ monthly payment.
Certainty of execution, We will NOT change the terms day before or at closing !!!
Proof of funds totally FREE (average costs is $250 each)
As disbursed on the rehab portion, paying only on what you use. (savings of 50% or more on the monthly payments)
Exterior drive-by’s welcome with no interior access
Line of credit, giving you unlimited transactions, unlimited amount of financing.
For that reason, fix and flip loans come in several shapes and sizes—ranging from lines of credit to federally-guaranteed rehab loans. Some of these financing options are term loans, while others are revolving. All fix and flip loans, however, are secured—typically by the property being rehabbed.
Elite Lending Partners are proud to offer all of our services internally:
Closings
Underwriting
Inspections
Draws
Construction Management
Toll-free: +1 (855) 357-2363 info@elitelendingpartners.com
Mon | 09:00 am – 05:00 pm | |
Tue | 09:00 am – 05:00 pm | |
Wed | 09:00 am – 05:00 pm | |
Thu | 09:00 am – 05:00 pm | |
Fri | 09:00 am – 05:00 pm | |
Sat | By Appointment | |
Sun | Closed |
Copyright © 2023 Elite Lending Partners LLC - All Rights Reserved.
We use cookies to analyze website traffic and optimize your experience on the site. By accepting our use of cookies, your data will be grouped with the data of all other users.