Phone: 866-973-6278
Website: www.5archfunding.com
Address: 19800 MacArthur Blvd., Suite 1150, Irvine, CA 92612
States They Lend: Arizona, California, Florida, Georgia, Illinois, Indiana, Maryland, Nevada, Oregon, Texas, Washington
Fix & Flip Loans
Borrower Types: Individual or Entity
Personal Guaranty: Generally Required
Property Types: SFR (1-4 units)
Loan Amounts: $70,000 - $3 Million
Loan To Value: Up to 85%
Rates: 9 - 12%
Loan Term: 12 Months
Prepayment: 3 Months
Credit Score: N/A
Operating History: 1 Year
Prior Transactions: 2x12
Bankruptcy or Foreclosure: 0x36
Rental Property Loans
Borrower Types: Individual or Entity
Personal Guaranty: Generally Required
Property Types: 1 - 100 SFR (1-4 units)
Loan Amount: $100,000 - $5 Million
Loan To Value: Up to 70%
Rates: 5.99 - 8.99%
Loan Term: 3 - 10 Years
Prepayment: Declining Percentage
Credit Score: 650+
Operating History: 2 Years
Prior Transactions: N/A
Bankruptcy or Foreclosure: 0x36
If you have any experience working with this hard money lender, please provide your reviews and feedback below:
WORST experience with a Residential lender in a long time. took over 60 days to fumble a supposedly 2 1/2 week turnaround loan they promised. Excuses, apologies. Communication is awful and the VP’s you complain to didn’t solve much. NEVER again
I like these two principals that you talk about.
Fenold Alexis