How It Works -
SHORT OR LONG TERM WITH
NO PREPAYMENT PENALTY
An Ivy Lender loan is always a 17-year loan with no prepayment penalty, so long as the borrower makes their monthly payments on time. This gives you, the client, the flexibility to keep the loan as little or as long as you desire, without incurring a penalty when you’re ready to pay off the balance.
NO MINIMUM CREDIT SCORE
Ivy Lender does not have a formal application process. The one and only document we review is your required three-score credit report during the initial onset of our business relationship. Additionally, Ivy Lender wants to stress that low credit scores and/or poor credit is not necessarily an obstacle to do business with us. We do not require a minimum credit score, and can offer you a loan regardless of your past credit history.
SMALL LOANS OR BIG LOANS
Every client that seeks a loan with Ivy Lender comes with a different level of risk they want to take on. For those that want to work on a smaller project, we offer gross loan amounts as low as $20,000. For those that want to work on bigger projects, we can offer loan amounts as high as $1mm.
Appraisals are costly and time-consuming, wouldn’t you agree? Instead of a formal appraisal, we’ll order a BPO (Broker Price Opinion) through a local realtor or walk-through inspection as part of our due diligence. This process takes half the time and costs significantly less than standard underwriting guidelines.
PERSONAL NAME, COMPANY, OR LAND TRUST
Ivy Lender lends on non-primary residences only. So long as the property is intended for investment and business purposes, we will lend to you as an Individual, a Business Entity (LLC or Corp.) or even a Land Trust. This offers our clients maximum flexibility when choosing how to purchase a property.
ANY PROPERTY TYPE
Ivy Lender will lend on nearly any type of real property that enables our clients to invest across a diverse group of assets. Single Family, 1-4 multi-units, Condos, and even apartment complexes.
Find The Loan Program That Works For You
Getting the the perfect loan has never been easier at Ivy Lender. We understand that investors have different goals in today’s market, and that’s why we cater each loan to the specific goals you have. From your very first inquiry, through underwriting and closing, we want to ensure that your loan is perfectly customized to fit the needs of your project, and that it also aligns with the financial parameters of your budget.
FIX AND FLIP / CASH-OUT REFI
Quick Financing for the investor who wants to get in, get out, and move onto the next project. If you already own a property outright, Ivy Lender can collateralize that real estate for direct funds to use on your next investment purchase.
Flexible LTVs (based on both Purchase Price and ARV)
Competitive Rates (Interest-Only and/or Fully Amortized options)
Minimal Insurance Requirements (No Wind / Flood / Builder’s Risk required)
No Balloon / No Prepayment Penalty
Free Comparable Analysis
Free Repair Analysis
FOREIGN NATIONAL LOANS
Hassle-free options for investors who do not meet standard credit qualifications
ZERO prequalification financing
No Docs or Credit Required
All Residential and Commercial Property considered, including Condos
Tailored loans for investors who invest with their alternative investment accounts
Purchase properties through your Self-Directed IRA
Unique financing options with no personal guarantee
Profits are Tax-Deferred
Zero Prequalification or Documentation Required
Reliable, guaranteed financing for wholesalers who specialize in the “double closing”
Perfect for wholesalers
No minimum or maximum loan amounts
1-3 day funding
For transactions under $1mm, 1% of loan amount or $1,000, whichever is greater
For transactions Over $1mm, inquire about specific terms