No hidden fees, no surprises. Here's exactly what to expect when you work with us.
We specialize in short-term fix and flip loans of up to 6 months for new and experienced operators. We lend only to limited liability company (LLC) entities.
Note: Funds allocated to repairs are held back in escrow and reimbursed to the borrower in three equal draws after proof of repairs and paid receipts have been submitted and reviewed.
Note: Loan interest payments are collected up front for the loan term, but any overpaid loan interest is prorated back to the borrower at the time of loan repayment if applicable.
Note: We require insurance to be prepaid at closing and Special Projects Funding must be named as an additional insured lender.
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Disclaimer: This document is not a loan offer. Terms and conditions listed above are only an example of a typical loan structure from Special Projects Funding. Every loan application is subject to underwriting, and loan terms are structured on a case by case basis based on risk analysis and other factors.