We Offer Competitive Rates
Loan Products
Quick Closings on Properties
Fix & Flip
Fix and flip loans allow investors to purchase properties that need renovations before they can be sold (flipped) or rented and then refinanced (BRRRR strategy). These loans are offered to borrowers of all experience levels.
12-24
Month Term
NO PREPAYMENT
PENALTIES
Up to 90%
Loan To Cost (LTC)
Fix & Flip Loans By The Numbers
The structure and pricing of each loan is subject to borrower qualifications and final underwriting approval
100%
% of rehab
financed
financed
85%
max % of
purchase price
financed
purchase price
financed
2%
Origination Fee
8.95%
Average Client
Interest Rate
Interest Rate
New Construction 1-4 Units
Corridor Funding is proud to offer new construction loans for clients looking to build and sell or build and rent investment houses. With no personal income underwriting and quick construction draw turn times, our new construction program is made for the builder that is looking to simplify and grow their business.
12-24
Month Term
NO PREPAYMENT
PENALTIES
Up to 90%
Loan To Cost (LTC)
New Construction Loan by the Numbers
The structure and pricing of each loan is subject to underwriting and approval
100%
of Construction Budget Financed
70 %
Of After Construction Value Financed
2%
Origination Fee
2-3 Days
Average turn-around time for draws
Quick Closings on Rental Properties
Mid Term Loans
The absolute fastest way to put fixed-rate, amortizing debt on a rental property. Designed for the professional real estate investor, our Mid Term Loans are so simple they only require 3 documents for approval. These are also the most flexible loans for rental properties in the industry.
CASH-OUT REFINANCE
OPTIONS AVAILABLE
SHORT-TERM
RENTALS OK
EASIEST APPLICATION AND UNDERWRITING PROCESSES
Mid term loans by the numbers
The structure and pricing of each loan is subject to underwriting and approvals
0
Months minimum seasoning required
$995
Total fees
at closing
at closing
2%
Total
origination fee
origination fee
13
Average # days to loan closing
30 Year Fixed Rate Rental Loan
Corridor Funding offers 30 year fixed rate rental loans designed specifically for real estate investors looking to build their long term rental portfolio. These loans function very similarly to those you’d get with a bank, but without all of the hassle and limitations.
1-4 UNIT
PROPERTIES
NO BORROWER
INCOME VERIFICATION
Simple underwriting requirements unlike bank loans
Fixed Rate Loan by the Numbers
The structure and pricing of each loan is subject to borrower qualifications and final underwriting approval
30
30 Year Loan
- 30 Year Amortization
- 30 Year Amortization
75%
MAX LTV (Loan To Value) For Cash Out Refinances
80%
Max LTV
(Loan to Value)
(Loan to Value)
5.00%
Rates Start At (subject to change)