Frequently Asked Questions
Q.
What is your lending area?
Q.
Do you lend for improvements?
Q.
How quickly can we close?
Q.
Do you require a certain insurance?
Q.
Do you lend on commercial properties?
Q.
Do you provide a Pre-Qualification Form to submit with my offer?
A.
Our lending is focused on properties that are located within select areas of District of Columbia, Maryland, and Virginia.
A.
Yes, our loans are full turn-key. Our loans typically include the construction and interest reserves, and all of our fees.
A.
We can close your deal faster than a conventional banking institution, within 3-5 business days, whereas banks will fund your deal in 30 days or more.
A.
Yes, we require our borrowers to have a builder’s risk policy in an amount that covers the loan amount (the loan, interest reserve, and fees) throughout the term of the loan.
A.
Yes, we will, although this is not our primary focus. Certain loans on commercial properties will be considered.
A.
Yes, please contact us directly to obtain a pre-qualification form.