YOUR PRIVATE LENDING PARTNER
FAST APPROVALS. QUICK CLOSINGS. COMPETITIVE RATES.
What makes a DLP Funding Specialist Different?
Direct Lending Partners originates short-term real estate loans for the purpose of acquiring and renovating distressed residential real estate in the states of AL, CO, CT, DC, DE, FL, GA, IL, IN, KS, KY, LA, MD, NC, NJ, OH, OK, PA, SC, TN, TX, UT, VA, WI, WV, and other states are determined on a case-by-case basis. Direct Lending Partners is not a broker or middleman. Instead, we fund all deals directly. By offering direct funding, we can utilize an efficient and practical approach to underwriting that allows us to fund deals that banks cannot. In addition, because we perform our own underwriting and funding, Direct Lending Partners can close loans extremely quickly, often in as few as five days.
Why DLP is your best growth strategy?
Once Approved, Always Approved
Unlimited Capital To Grow
We Lend Direct: Our Money In Our Accounts
Access to the Real Decision Makers
Our CEO and President Are A Phone Call Away
Express Loan Program
Close in 5 Days or Less Without Appraisal
Our Funding Parameters
|Preferred Line of Credit||Fix & Flip||New Construction||Multi-Family Bridge||Rental Loan|
|Property Type||Single Family and Multi-Family; Commercial is considered on a|
|Single Family Residential 1 to 4 Units||Single Family Residential 1 to 4 Units; Small Development; Multifamily 5 – 25 Units analyzed on a case by case basis||A, B, & C Class Multifamily||SFR, 2-4 Unit, PUD, Townhouse, Warrantable Condo, or Mixed Use|
|Loan Amount||$1,000,000 – $20,000,000||$50,000 – $10,000,000||$50,000 – $10,000,000||$500,000 to $50,000,000||$75,000 – $2,000,000|
|Loan Term||6-12 Months||6-12 Months||6-12 Months||12-24 Months||5/1 ARM; 7/1 ARM; 30yr Fixed|
|Loan Extensions||Up to 6 Months||Up to 6 Months||Up to 6 Months||Up to 6 Months||Up to 6 Months|
|Interest Rate||As low as 8.5%||As low as 8.49%||As low as 8.5%||As low as 8.49%||As low as 5.35%|
|Exit||Sale or Refinance||Sale or Refinance||Sale or Refinance||Sale or Refinance||Sale or Refinance|
DLP Direct Lending Partners worked with two investors who were in need of quick funding on their upcoming real estate project located on the north side of Bethlehem, Pennsylvania. After closing expeditiously, the investors began the renovation process shortly after....
Direct Lending Partners recently worked with new investors who were anticipating the acquisition of Pinewood Apartments in West Chattanooga, Tennessee. Prior to consulting with DLP Direct Lending Partners, the investors were working with a lender who could not fund or...
Funding Details Loan Amount: $144,000 Closing Date: December 13, 2017 Type of Property: Single-family Home Type of Loan: Acquisition & Rehab