Our Residential and Commercial funding programs provide lenders with capital specifically for the purpose of lending to companies for investment opportunities that focus on purchasing and rehabilitating properties. This program is targeted at 1-4 multi-family homes, condo units or commercial properties where the renovation budget is typically less than 50% of the purchase price. Prior borrower experience in similar projects is required. SCA Funding and/or its affiliates are reliable capital partners for private lenders. We offer quick turnaround times and preferred financing terms for repeat borrowers with an active pipeline of transactions.
| Typical Transaction Terms | |
|---|---|
| Funding Type: | Senior 1st mortgage funding only |
| Funding Amount: | $75,000 – $2,000,000 |
| Maximum Term Authorization: |
|
| Interest Rate: | 11% + fixed |
| Origination Fee: | 2-3% |
| Funding-to-Cost: |
|
| Funding-to-After Repair Value: | Up to 65% of appraised value |
| Other: | Nationwide platform |