Faq.
We harness technology to maximize speed in providing loan terms. Our Instant Quote technology factors several criteria including credit score, experience level, project metrics and market conditions to deliver a transparent and reliable quote instantaneously.
Yes. See Terms where we list the minimum credit score for each product.
We typically fund 14 days after receiving a completed loan application and sooner for repeat clients.
Our fees include monthly interest, origination and closing costs.
Yes, we run a soft credit and background check. Don’t worry, the soft credit check has no impact on your credit score.
We currently lend nationwide excluding OR, UT, ND, SD, MN and VT.
We offer both hard money loans and long-term DSCR rental property loans.
Our loans are strictly for non-owner-occupied, investment-purpose real estate.
Yes, we only lend to entities, not individuals. We lend to both LLCs and Corporations. We recommend consulting with an attorney to see which structure is right for you.
Yes, the subject real estate serves as collateral to secure our loans.
Yes, we order an appraisal in connection with each transaction.
No, we do not charge prepayment penalties for our bridge loans, however, our long-term DSCR loans are subject to varying prepayment premiums.
The rehab loan is funded in draw reimbursements with proof of completed work. We verify completed work with paid invoices and photos taken onsite.
Divide your property’s rent by your monthly principal and interest payment, taxes and insurance.
Yes, we fund assignment fees up to 20% of the original purchase price.
Email hello@vert-re.com or leave us a message below and we will be in touch promptly!