Phone: 407-476-2500
Address: Winter Garden, FL 34787
Website: https://www.lynkcapital.com/
Email: [email protected]
States They Lend In: DC, DE, FL, GA, MD, NC, PA, SC, VA
Fix and Flip, Rehab, and Construction Loans
- 1-4 unit residential properties
- Non-owner occupied properties only
- Borrow up to 70% ARV
- Renovation loans up to 90% of purchase price plus 100% of rehab cost
- Construction loans up to 50% of lot value plus 100% of construction cost
- Terms from 6-12 months with interest only payments
- No prepayment penalties
- Lending in DC, DE, FL, GA, MD, NC, PA, SC, VA
Frequently Asked Questions
Are you a lender or a broker?
LYNK Capital, LLC is a direct lender. We make our own underwriting decisions and fund loans with our own money.
What types of loans do you specialize in?
LYNK Capital specializes in short-term “fix and flip”, renovation, and construction loans for 1-4 unit residential properties. All loans must be made for “business purposes” – meaning to an investor or developer – and not for personal or consumer use. For this reason, we cannot lend to anyone who intends to occupy the property as a primary residence or second home.
What loan documentation will you require?
At the beginning of the loan process, we will typically ask for much of the same documentation that a bank would require; however, unlike a bank, we don’t ask for this documentation to look for reasons to say “no”. We use common-sense underwriting principles to examine the character, experience, and capacity of each borrower, and have flexibility in our documentation requirements. Your online pre-approval letter will contain the list of documentation requirements applicable to your loan request.
Will LYNK fund construction draws?
Yes – we routinely structure loans with construction draws for borrowers looking to rehab, renovate, or improve the property. Prior to closing, a draw schedule will be agreed upon, and funds will be released as work is completed. Remember that construction draws are paid only for completed work, so the borrower is responsible for the upfront costs of any materials or contractor deposits required to get started.
What rates and fees do you charge?
The answer varies based on the parameters of the loan scenario. Click our online pre-approval link above to get your customized rate quote.
Speak Your Mind