More than ever, real estate investors are finding great opportunities in the city of Richland. We fund real estate investors looking for a Richland project to fix & flip or buy and hold. Many of our borrowers, who are also members of Bigger Pockets, follow the BRRRR method for producing long term wealth and passive income. Intrust Funding provides short term loans that range from 5 to 12 months. With funding in 48 hours, our borrowers appreciate that our application process is quick and simple. We make real estate investing easy.
As Richland’s leading money lenders, our short term loans are accessible to new and seasoned investors alike! Prequalifying for a flip loan from us is simple. Although there is no minimum credit score you need to have, we must have a credit report or a copy of a report issued in the last 12 months on file. This is just so we can make sure there aren’t any liens on collateral you might use for the loan. The second thing we need is a proof of funds for down payment, or proof of adequate collateral. Once we have those two things, that’s about all we need! But an investment property with no septic in place, is selling at in-person county auctions, or does not have a free and clear title with no liens will not typically receive a hard money loan from Intrust Funding. Furthermore, we do not fund land-only deals, unless the land value is equal to or exceeds the loan amount. Many investors use our private money loans to acquire a property, renovate an investment, or as a cash-out refi from another lender. All fees, including transaction and origination fees, are rolled into the loan. A 1% per month interest payment is the only payment due during the course of the loan. And we charge no early payoff fee! To payoff the loan, a balloon payment is due at the end of the loan term when the investment property is ready to rent out, go on the market, or be refinanced. Our competitive rates equal or beat other hard money lenders in Benton County. Intrust Funding is here to help real estate investors in the city of Richland, secure their investment property by providing quick processed loans and expert investment counseling.