About LenderX.ai
We Suck at Flash. We’re Great at Funding.
Why the X? Because we’re real estate investors like you—flippers, builders, rental & BRRRR pros—and we know you don’t give a damn about our name, flashy website, or institutional loan acronyms. You just want a loan that works, with terms that don’t screw you over, so you can focus on snagging deals and crushing your strategy.
Get Real Terms, No Games
No bait-and-switch terms here. Plug in your deal and get real loan estimates in seconds—because you’ve got better things to do than chase lenders.
Fill out the questionnaire or contact us today!
Frequently Asked Questions
We absolutely suck at the lending experiences you may have encountered before –
- lots of institutional lending jargon,
- regurgitating loan guidelines with no street smarts,
- hoping underwriting approves the terms I quoted you,
- asking you to extend purchase contracts,
- changing loan terms days before closing,
- and generally ghosting you if I have to deliver bad news or answer tough questions.
Hard money loans, unlike traditional bank loans, hinge on the property’s value used as collateral, rather than solely on your financial status. Although these loans often come with higher interest rates, they hold significant appeal for real estate investors. This is because they boast faster closing times, offer flexible terms, and can be repaid swiftly to minimize expenses, thereby facilitating quicker business expansion.
Below are some additional advantages associated with hard money loans:
Swift Access to Capital: Hard money loans provide quick access to capital, enabling investors to seize opportunities promptly.
Flexible Terms: These loans come with a range of repayment schedules and durations, allowing borrowers to tailor the terms to their specific needs.
High Loan-to-Value (LTV) Ratio: Depending on the property’s value and renovation budget, hard money loans can finance up to 90% of the project, providing substantial funding.
Potential for Enhanced Benefits: Building a relationship with the same lender may lead to additional advantages, such as reduced origination fees and interest rates, making it even more attractive for long-term investors.”
Appraisals are needed for most deal scenarios – although for some Bridge loans (stabilized, no rehab) we can get by without an interior inspection.
We provide short term financing, bridge loans, and rental property loans.
Fix & Flip Programs can close in as little as 7 days. Permanent loan programs can take as few as 15 days and up to 45 days. For an accurate timeline based on your specific needs contact us directly.
Still Have Questions?
If you can’t find an answer to your question in the FAQ’s above, you can always contact us and we’ll respond ASAP.
