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Haven Bridge Capital
- What Services Does Haven Bridge Capital Offer?
We offer a range of services tailored to meet your real estate investment needs. Our offerings include Fix & Flip, Buy & Hold, Refinance, Commercial, New Construction, and Private Money Loans. We also provide Proof of Funds Letters, Collateral DNA Reports, Debt Stack Reports, and have high-equity off-market property leads available, so you are not competing with other investors in your area. - What are the benefits of private money lending?
Benefits include quicker access to capital, flexibility in loan terms, no minimum credit score requirements, and the ability to secure financing for properties that may not meet traditional lending criteria. - Are you a Lender or a Broker, and are there fees or commissions involved?
We are both a lender and a broker. If, for any reason, we can’t provide the funding you need, we have a large network of other lenders we work closely with and can broker the funds to you. We provide options to investors so you can access the best rates and the quickest closings. If you need 100% funding, we also offer split equity opportunities, covering your purchase, rehab, and closing costs. Regardless of the loan type, there is always a 3% broker fee, which is standard in the industry. - How do you decide the amount to lend?
It is based on the asset you have under contract. Generally, we lend up to 90% of the purchase price and 100% of the rehab cost. Ask us how you can get up to 100%! - I need 100% financing. Can you do that?
Yes, when joint venturing with us, we can provide up to 100% financing. - What Does True 100% Funding Mean?
We will lend up to 100% toward your purchase, rehab, and closing costs, up to 70% of the ARV, when a joint venture is established between Haven Bridge Capital and the borrower. - How long does it take to close a transaction from start to finish?
Typically, about 14 days after we receive all required documentation. However, gathering and submitting all documentation can take three to four weeks. The timeline largely depends on how quickly you and your team provide complete documentation. While we can process our part in approximately 14 business days, it’s best to plan for a 30-day closing period whenever possible. If speed is a factor, it’s likely you have competition, and competition rarely results in a great deal. Bring your deal in, and let’s discuss it. - What Does FHA Cap Mean?
The FHA Cap represents the maximum loan amount in the county where the investment property is located. To find the FHA Cap for your property’s location, click here: FHA Mortgage Limits (hud.gov) - What Does ARV Mean?
ARV stands for After-Repair Value. It is the estimated value of a property after completed renovations. - What Does Asset-Based Lending Mean?
Asset-based lending is a type of loan where the lending decision is primarily based on the value of the real estate property under contract rather than the borrower’s creditworthiness. While a borrower’s ability to repay the loan is considered, the approval decision and loan-to-value are primarily based on the property’s value. - What are your Loan Terms?
- Haven Bridge Capital provides loans from $30,000 up to the FHA Cap in the county where the property is located. We also offer additional funding solutions based on the property under contract and the type of loan needed.
- Rates start at 7% annualized interest with an origination fee of 0-3%, with no prepayment penalties. (Rates are based on credit score, but credit score does NOT determine loan approval.)
- Loan Term: 6 Months to 2 Years for a fix & flip. 30 Years for a buy & hold or refinance.
- One loan is approved per applicant until a proven track record is established.
- Do I need an appraisal, and how much will it cost?
Haven Bridge Capital requires an appraisal before closing. Appraisal costs range from $400 to approximately $700, depending on the property’s location. - Is a Licensed & Bonded Contractor bid required?
In most cases, a licensed and insured itemized contractor bid is required before we can process the loan. - Is my information kept confidential?
ABSOLUTELY! Your privacy is of the utmost importance to us. Any information you provide is completely confidential. If you want to work with a reliable, reputable company that treats you with professionalism, understanding, and respect—you have come to the right place!
Still have questions?
Contact us today, and we’ll be happy to assist you!