Tempo Funding, LLC

Phone: (800)289-6755

Address: 2636 Judah Street # 122, San Francisco, CA 94122

Website: http://tempofunding.com

Email: info@tempofunding.com

States They Lend In: All 50

 

BORROWERS

 

We are focused on short-term, up to 6 months, financing. If your deal makes strong sense, we will be glad to help you line up optimal financing options. We have relationships with other lenders that provide financing for longer term too.Please email your deal details to info@tempofunding.com send us plain text deal summary first.

 

Please Include the Following Information:

• Who referred you to us
• Address of your property
• Is this a short sale? REO?
• Purchase Price
• Rehab scope/budget
• AS IS value
• ARV Value
• Exit strategy
• How long do you need the money for (average, maximum)
• How much can you put down
• How much loan do you need
• Target Closing date
• Any other relevant information

NOTE: Do NOT send us last minute deals. We require typically 2 weeks or more time to properly plan and underwrite your file.

NOTE: We only do investor, business purpose, non-owner occupied loans.

NOTE: If you have low or no down payment, you must come referred from someone we know well, and your deal better be really strong to be considered.

 

“Classic Hard Money” loan

• 20%+ down payment
• Up to 80% of the purchase price loan
• LTV < 65% of AS IS value
• Balloon Option available – deferring all points/interest/fees
• 2-4 points + 10-14% rate + $995 fees

 

“Rehabber Special” loan

• 10-20% down payment
• Up to 70% of ARV
• Balloon Option available – deferring all points/interest/fees
• 3-5 points + 14-18% rate + $995 fees

 

Transactional Funding

• Back-to-back / double closings
• Closing Agent of Tempo’s choice
• 24 Hour Funding
• 2 points + $495 Administrative fee

 

5-10 years cash flow portfolio loan

• Loan size $300k and up
• Minimum 3 rental doors
• Up to 75% LTV or LTC
• Recourse and Non-Recourse
• Rates 5.5/7.5%