LET’S GET THINGS ROLLING
So, you’ve stumbled upon a potential investment gem, and you’re all set to secure financing for your project. Well, you’re in the right place! Follow these simple steps, and you’ll be on your way in a breeze.
Step 1: Pre-qualify For a Loan
Getting pre-qualified for a real estate investment loan helps us understand the financing options available to you. It’s a straightforward process that applies to all types of loans. Here’s what you need:
- Loan Application
- Government Issued Photo ID
- Financial and Bank Statements (Last 60 Days)
- Purchase Contract
- Details of your renovation plan
Ready to roll? Apply Now.
Step 2: After Pre-qualification
Once pre-qualified, we’ll conduct an initial value report on the property. This ensures that the After Repair Value (ARV) and repair budget align with the purchase price.
Next, submit a complete loan application:
- Pre-authorize payment for appraisal or BPO.
- Appraisal/BPO performed on the property for valuation confirmation.
- Provide a detailed Repair Budget or contractor estimate.
Receive the appraisal, and upon loan approval, it’s time to:
- Sign full disclosure of terms and conditions.
- Sign the Loan Agreement.
- Schedule closing/signing with the title company.
Then, CCAP funds the loan, and you can dive into your project!
WE’RE HERE TO HELP YOU
We pride ourselves on offering timely and competitive real estate financing. Got a deal in mind? Give CCAP Funding a call or shoot us an email. We can pre-qualify the deal over the phone in just a few minutes. If the numbers add up for everyone, let’s get to work.
Call Us: (800) 413-5950
Ready to get funded now? Reach out, and let’s make your real estate plans a reality!