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The following are frequently asked questions regarding Orlando private money loans

[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text][/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1522833480596{margin-top: 0px !important;}”][vc_column width=”2/3″][vc_toggle title=”How do I get approved for a loan?” style=”square_outline” open=”true”]Submit an application online at www.localhost/capfundings.com, provide 2 months bank statements, drivers license and company articles and operating agreement

>> Related Content: How To Get Approved For Private Money Loan[/vc_toggle][vc_toggle title=”How long does it take to get a loan?” style=”square_outline” open=”true”]Usually 7-10 days[/vc_toggle][vc_toggle title=”What type of properties do we lend on?” style=”square_outline” open=”true”]Single Family investment properties, No Owner Occupant allowed.[/vc_toggle][vc_toggle title=”Where do we loan?” style=”square_outline” open=”true”]Florida[/vc_toggle][vc_toggle title=”What is the minimum and maximum loan amount?” style=”square_outline” open=”true”]$60,000 to $500,0000[/vc_toggle][vc_toggle title=”How long are our terms?” style=”square_outline” open=”true”]1 year interest only loans[/vc_toggle][vc_toggle title=”How do we approve our loans?” style=”square_outline” open=”true”]Approvals are performed by valuing the asset then reviewing the personal guarantor’s credit and real estate history.[/vc_toggle][vc_toggle title=”What is the minimum down payment?” style=”square_outline” open=”true”]20%[/vc_toggle][vc_toggle title=”How do we determine ARV?” style=”square_outline” open=”true”]Either through an internal valuation or a 3rd party appraisal[/vc_toggle][vc_toggle title=”What is the cost of our loans?” style=”square_outline” open=”true”]Loans are 11.99% interest with 2.5 loan origination points, a $195 legal doc prep and review fee and a $30 wire fee[/vc_toggle][/vc_column][vc_column width=”1/3″][vc_column_text]

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