ASAP-Funding offers a wide variety of loans for the real estate investor looking to purchase, Buy & Hold or rehab an investment property. Our full offering of Fix & Flip, Bridge, Multi-Family, Cash-Out, and Buy & Hold loan programs provide investors the ability to capitalize on real estate opportunities that exist across our entire lending area.
The Lowdown on Hard Money Loans...


Fix & Flip Loans
- Loan Amount => $250,000 – $3,000,000
- Property Type => 1-4 Unit Residential & Condos / Townhouses
- Occupancy => Non-Owner occupied
- Term => 12-24 months
- Lien => Position 1st Position
- Interest => Rate Starting at 7.95%
- Points => Starting at 2.5 points
- Loan-to-Value => Up to 70% of Purchase Price
- Rehab => Up to 100% of the rehab budget for an experienced borrower
- Minimum FICO => 600
- Borrower Bankruptcy => None in Past 2 Years

Bridge Loans
- Loan Amounts => $100,000 – $3,000,000
- Property Types => SFR’s, Condos, Condotels, Townhouses 2 to 4 units
- Purpose => Business Purpose Only
- Occupancy => Non-Owner Occupied
- Interest Rate => Starting at 7.95%
- Points => Starting at 2 points
- Lien Position => 1st Position
- Loan Term => 6 to 24 Months
- Loan To Value => Up to 70%
- Income documentation => No income verified
- Property Condition => Minimal deferred maintenance
- Recourse => Yes, personal guarantee required
- Liens & Judgements => All income tax liens and judgments over $2500 must be paid


Multi-Family Rehab
Our Multi-Family rehab loan is perfect for investors who need capital to rehab, stabilize rent rolls and attain conventional financial.
- Loan Amount Min & Max Amount => $2,000,000 – $20,000,000
- Property Type => 5 to 100+ units
- Construction Loan Amount => 33% of loan amount (preferred)
- Stabilized LTV => Up to 70%
- Stabilized Debt Yield at Exit => 8%+
- Stabilized DSCR @ Exit => 1.25x
- Loan Term => 18 to 36 Months
- Loan Rate Index => Starting at 7.5%
- Points Starting at 2 points
- Loan To Cost => Up to 85% (adjustment up to 75% for heavy rehab)
- Recourse => Non-recourse on case-by-case basis
- Min Yield Maintenance => 6 Months (typically 75% of initial term)
- Reserves (as required) => Interest / Tax / Insurance / TILC / Capex
- Borrower Experience => Must have prior experience
- Borrower Bankruptcy => None in Past 5 Years
- Min Guarantor Liquidity / Net Worth => 15% of loan size

Buy & Hold Loans
- Loan Amount => $100,000 – $5,000,000
- Property Type => SFR 1-4 units / Condo / Retail / Multi-Family & Mixed-Use / Warehouse / Self Storage / Automotive
- Purpose => Purchase, Rate-Term Refinance, Cash-Out Refinance
- SFR Max Loan Amount => $1,500,000
- 2-4 Unit Max Loan => $2,000,000
- Multi-Family / Mixed-use => $5,000,000
- Term => 3 year or 8 year Fixed interest only each amortized over 30 years
- Prepayment Penalty => 3-year fixed: 3% penalty within first 3 years / 8-year fixed: 5% penalty within first 5 years
- Interest Rate => Starting at 6.99%
- Points => Starting at 1.5 points
- Minimum Credit Score => 620
- Loan To Cost => Up to 75% LTV on purchases
- Borrower Experience => No experience = 5% LTV reduction for all property types
- Borrower Bankruptcy => Ok