FAST TRACK TO HARD MONEY NATIONWIDE SERVICES

STEP 1:

PROVIDE A SINGLE DOCUMENT TO BIZ LOAN DEPOT!

Avoid all the red tape requirements of traditional or competitor lenders with a hassle-free process requiring less documentation and absolutely no formal application.

What we require:

One-time request to pull a 3-score credit report (we accept recent reports)
Provide us a THREE BUREAU recent credit report

Click on the tap to get your credit report. Save to your computer and upload when filling out our form.

CLICK HERE TO GET YOUR CREDIT REPORT

What we don’t require:

No bank statements, tax returns, or pay stubs.
We will never ask to see verification of income or cash reserves.

STEP 2:

GET YOUR PROOF OF FUNDS LETTER AND BANK STATEMENT

Perhaps the most important component of your offer will be furnishing the Seller with Proof of Funds showing sufficient cash-to-close, or providing a letter from a lender who will finance you.

BIZ LOAN DEPOT Proof of Funds means:

  • Our funding partners will provide you with unlimited Proof of Funds letters to submit with your offers
  • Our Funding partners will provide our most recent bank statement with each Proof of Funds letter we furnish you with. Need an updated bank statement after a few months…just ask!
  • Each letter is always customized to your particular loan opportunity with transparent language that is clear and explicit. Our Proof of Funds letters always includes the borrower’s name, property address, loan amount, and purchase price.

Once we have your credit report on file, simply give us a call or send us an e-mail, and we will provide you with an updated POF and Bank Statement to submit with your offer.

Biz Loan Depot makes it easy to upload pertinent docs or begin the qualification process as soon as you’re ready.

And always remember, when you work with Biz Loan Depot partners, you’re not working with an ordinary lender.  Some of our partners have been lending for over 30 years. We’re available all day, every day to answer every question, analyze every deal point, and ensure that a loan from our partners will enable you to profit from your venture. We’ve seen nearly every kind of loan scenario over the years, so we know what the specific terms that will work best for you!  Biz Loan Depot is a company that treats every client like they’re our only client!

SHORT OR LONG TERM WITH
NO PREPAYMENT PENALTY

Our partners loans is always a 17-year loan with no prepayment penalty, so long as the borrower makes their monthly payments on time. This gives you, the client, the flexibility to keep the loan as little or as long as you desire, without incurring a penalty when you’re ready to pay off the balance.

SMALL LOANS OR BIG LOANS

Every client that seeks a loan with Biz Loan Depot Partners comes with a different level of risk they want to take on. For those that want to work on a smaller project, we offer gross loan amounts as low as $25,000.  For those that want to work on bigger projects, we can offer loan amounts as high as $1mm.

PERSONAL NAME, COMPANY, OR LAND TRUST

Our Partners lends on non-primary residences only.  So long as the property is intended for investment and business purposes, we will lend to you as an Individual, a Business Entity (LLC or Corp.) or even a Land Trust. This offers our clients maximum flexibility when choosing how to purchase a property.

NO MINIMUM CREDIT SCORE

Our Partners does not have a formal application process. The one and only document we review is your required three-score credit report during the initial onset of our business relationship. Additionally, Our Partners  wants to stress that low credit scores and/or poor credit is not necessarily an obstacle to do business with us.  We do not require a minimum credit score, and can offer you a loan regardless of your past credit history

NO APPRAISAL

Appraisals are costly and time-consuming, wouldn’t you agree?   Instead of a formal appraisal, we’ll order a BPO (Broker Price Opinion) through a local realtor or walk-through inspection as part of our due diligence. This process takes half the time and costs significantly less than standard underwriting guidelines.

ANY PROPERTY TYPE

Our partners will lend on nearly any type of real property that enables our clients to invest across a diverse group of assets.  Single Family, 1-4 multi-units, Condos, and even apartment complexes. We’ll also finance commercial property, and even industrial warehousing.  If the numbers work, Our partners says yes.

FIX AND FLIP / CASH-OUT REFINANCE

Quick Financing for the investor who wants to get in, get out, and move onto the next project.  If you already own a property outright, Our Partners can collateralize that real estate for direct funds to use on your next investment purchase.

  • Flexible LTVs (based on both Purchase Price and ARV)
  • Competitive Rates (Interest-Only and/or Fully Amortized options)
  • Minimal Insurance Requirements (No Wind / Flood / Builder’s Risk required)
  • No Balloon / No Prepayment Penalty
  • Free Comparable Analysis
  • Free Repair Analysis

FOREIGN NATIONAL LOANS

Hassle-free options for investors who do not meet standard credit qualifications

  • ZERO prequalification financing
  • No Credit Required
  • No Asset Verification, Foreign or Domestic
  • No Personal Guarantee
  • All Residential and Commercial Property considered, including Condos

NON-RECOURSE LENDING

Tailored loans for investors who invest with their alternative investment accounts

  • Purchase properties through your Self-Directed IRA
  • Unique financing options with no personal guarantee
  • Profits are Tax-Deferred
  • Zero Prequalification or Documentation Required
  • Access to preferred list of real estate-focused custodian servicers

TRANSACTIONAL FUNDING

Reliable, guaranteed financing for wholesalers who specialize in the “double closing”

  • Perfect for Wholesalers
  • 100% of funds, including closing costs, financed by Lender
  • No Minimum or Maximum Loan Amounts
  • Title Company-Friendly
  • 1-3 Day Funding
  • For Transactions Under $1mm, starting at 1% of Loan Amount or $1,000, whichever is greater
  • For Transactions Over $1mm, inquire about specific terms

SEE WHERE OUR PARTNERS LENDS

  • Wherever your next deal may be, our partners strives to be your best option. We have active lending footprints in every major metro market within Florida, Georgia, Tennessee, Texas, the Carolinas, Illinois, to simply name a few. We are is aggressively working with partners financing investment properties nationwide