Phone: (703) 273-3500
Address: 4021 University Dr, Suite 200, Fairfax, VA
Website: http://walnutstreetfinance.com/
Email: katia@walnutstreetfinance.com
States They Lend In: DC, MD, VA
About Us
We only lend to real estate entrepreneurs
Walnut Street is a private investment fund that provides short term financing to real estate developers and builders.
Our team consists of real estate and lending professionals with four decades of combined experience in redevelopment and loan origination including the successful acquisition, development and construction financing over 1,200 properties since 1998.
Few private portfolio lenders have the hands-on urban real estate qualifications of Walnut Street and can consistently provide financing to entrepreneurial real estate borrowers.
That is where hard money lending can help builders and developers like you fund your next project.
Hard Money Loans
In general, hard money loans are made by a private lender or company to purchase and improve residential or commercial properties. They typically have fewer borrower qualifications and take less time to close than a traditional loan. A real estate hard money lender, like Walnut Street Finance, bases the loan on the property and its loan-to-value (LTV) ratio, so the borrower’s credit is largely irrelevant.
Some of the advantages of borrowing from a real estate hard money lender include:
•Rapid Funding – we move quickly to process and fund your loan. Conventional loans take 45 days or more. We eliminate the red tape and fund most loans in as little as three business days; sometimes, in just a matter of hours.
•Few Requirements – Our simplified approval process was designed to qualify you for a loan, not keep you from getting it. Your personal credit rating is not part of the equation; the property and its equity, an exit strategy and relevant experience are what is being considered.
•Short Terms – Conventional lenders seek long term loans. A real estate hard money lender can provide loans to meet the pace of your project, making them perfect for your next fix-and-flip property.
Short-term loans such as these get you cash fast, so you can seize an investment opportunity, turn a profit, and move on to your next project. When you need hard money lending to fund a project, every minute counts. Walnut Street Finance is prepared to help you fund your property investment as your real estate hard money lender.
FAST APPROVAL
Time is money and if you can’t close a great deal you lose it. Our approvals happen in less than 48 hours—even over weekends.
Our roots are in redevelopment so we’ll help you qualify projects that will generate profit.
SERVICE
We’re not a bank or traditional private lender so you won’t get hit with red tape or a bad attitude because you’re a risk taker.
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