Quick, Easy Home Ownership
Elevate your real estate investments with MyVipFunds: where superior rates, leverage, and service meet your fix-and-flip, rental, new construction, or commercial bridge deals, ensuring unmatched success.
Rental & DSCR
Competitive long-term financing for real estate investors..
- Rates Starting at 6.99%
- Good Credit, Liquidity, and Experience
- Up to 90% LTC and 70% ARLTV
- Term Up to 30 Years Available
Fix & Flip
Short-term loans to renovate and sell residential properties.
- Rates Starting at 7.49%
- Max Loan to ARV: Up to 75% LTV
- No Prior Experience Required, No Tax
- Term Up to 30 years: No Penalty
Cash-Out Refinance
Loans to take out cash from equity built in an existing property owned already.
- Rates Starting at 4.49%
- Up to 90% LTC and 70% ARLTV
- 12-18 Month Term Available
- 30-year Fixed Rate Term Available
Multi-Family
Long term financing on commercial multi-family and mixed use properties.
- Rates Starting at 6.5%
- Loan to Cost: Up to 90% LTC
- Loan to ARV: 70% ARLTV
- Term Up to 30 Years Available
Commercial Bridge
Bridge loan to purchase and improve a commercial multifamily.
- Rates Starting at 7.99%
- Loan to Cost: Up to 90% LTC
- Loan To ARV: 70% ARLTV
- Term Up to 30 Years Available
New Construction
Funding for developers to build residential new construction homes.
- Rates Starting at 7.99%
- Up to 90% LTC and 70% ARLTV
- Term Up to 30 Years Available
- Stick or Modular Build
Earnest Money Deposit
EMD plays a crucial role in real estate deals, safeguarding both parties' interests by solidifying the offer's validity.
Double Closing Money
Double Closing Money: Maximizing Real Estate Transactions.
Unlocking Profit Potential Through Advanced Closing Strategies.
FAQs
Some Frequently Asked Questions
What is your minimum credit score required for loans?
For experienced investors our minimum is 650 and for newer investors and our rental DSCR loans 680 is our minimum.
How fast can you close?
For our Fix/Flip, New Construction, and Bridge we will close typically in 2-3 weeks but can close faster with appraisal, title, and other necessary docs in hand.
What are your interest rates?
Depending on the loan product and duration the rates will vary based on experience, credit, and the overall deal. For our Fix/Flip...
What states do you lend in?
We lend in all states except for North Dakota, South Dakota, Minnesota, Vermont, and Idaho.
Do you offer extensions if my loan goes beyond the loan maturity date?
Yes, Case by Case, loan is Up to Date, 30 day, 3 month, and 6 month and 1-2 Point Extension Fee
Do you lend to a personal name?
We cannot lend to a personal name due to our loans being commercial loans. We can only lend to an entity i.e. LLC, S-Corp, C-Corp, etc…