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Real Estate
Investor Loans

Loan Options

Min Down payment: 10% (may be cross-collateralized with another property at our discretion)

Loan Term: 6 months

Insurance. Pre-Paid: YES

Processing Fee: $350.00

Points: 3-4% of loan amount, depending on situation Interest

Rate: 14% Interest only payments

  1. Submit an online application.
  2. You will be contacted with the status of your application within 24 hours. If we are interested in moving forward, please deliver the following paperwork for our review:
  • Credit report- you can get one at www.myficonow.com icon_new_window
  • Fully executed contract
  • Comparables report showing the value of the property
  • Repair estimate report showing what you will be doing to the
  • Written description of your investing and rehabbing experience
  • Fully executed contract
  • Copy of bank accounts where your liquid cash is for downpayment and repairs
  • Last two years of tax returns
  • Copy of your drivers license
  • Operating agreement if you are taking the title in an LLC, Corp, LP, etc
  • After receiving these documents, you will hear from us within 48 hours with an approval or decline
  • If approved, we will send loan documents to your title company.
  • Title Company will send us the HUD-1 for review.
  • Private Capital Lending funds the loan at closing.
Purchase Price $130,000.00
After Repair Value $200,000.00
MHM Loan $117,000.00
MHM Loan Fee ($4,350.00)
Est. Closing Costs Est. ($1,500.00)
Pre Paid Insurance ($700.00)
Earnest $ Credit $1000.00
Money needed at closing $18,550.00
Carrying Costs ($6,500.00)
Repairs ($20,000.00
Sell Price $200,000.00
Sell Costs ($10,000.00)
Profit $26,950.0