Straightline Funding
Direct Lender. Fast Closings.Direct Lending for Real Estate Investors
Straightline was founded in 2006 with the goal of becoming a premier provider of loans for real estate investors.
Our simple approach has always been to provide fast answers, great service, and reliable funding for our clients.
Since 2006 we have provided millions of dollars in loans to local real estate investors who have improved properties, stabilized neighborhoods, created jobs, and built wealth.
Our loan products include:
- Rehab Loans up to 90% of purchase and 100% of renovations
- Simple Bridge Loans up to 85% of purchase
- 30 year fixed rate rental loans up to 80% LTV
- 100% Transactional Funding for Wholesalers
- Multifamily Lending coming soon!
Lending Guidelines
- Amounts
- $50k - $2m
- Rates
- 4.25% - 13%
- LTV
- 90%
- LTC
- 90%
- Origination Fee
- 1.25% to 3%
- Term Length
- 3 to 360 months
- Closing Time
- 10 to 25 days
Loan & Property Types
- Loan Types
- Bridge
- Cash-out
- Fix and Flip
- Investment Property
- Construction
- Refinance
- Property Types
- Single-Family
- 2 to 4 units
- Multi-Family
- Condominium
- Ground-up Construction
- AirBnB
Loan Parameters & Fees
- Parameters
Credit check required
Interest-only loans
Lend to forgien nationals
Owner-occupied property allowed
Will lend on purchases from auctions
Does property have to be under contract
Will provide proof of funds letter
Has pre-payment penalities
Minimum FICO score
2nd position loans
Lends on land
Lends to first time borrowers
Lends on ground-up construction
- Fees
- Legal
- Title
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- Appraisal
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- Underwriting
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EmpireFunders, 2093 Philadelphia Pike #7979, Claymont, Delaware, 19703