Preferred Line of Credit

Rates as low as 8.5%

The Preferred Line of Credit from DLP Direct Lending Partners provides real estate investors pre-approved financing, customized to their business scaling needs. Whether you are focused on flipping, building, multifamily, or any combination of those, this product allows investors the flexibility needed for a dynamic portfolio. DLP is a balance sheet lender controlling 100% of their financial decisioning, which streamlines the financing process for individual investments.

Benefits

  • Fund up to 100% of your acquisitions.
  • Proof of funds for all offers.
  • Line of credit from $1 million to $20 million.
  • Interest rates from just 8.5%.
  • Reduced due diligence fees.
  • Reduced origination points paid per closing. On average, 50% reduction in points.
  • Ability to cross-collateralize.
  • FAST underwriting.

Overview

Line of Credit Facility Terms
Line of Credit Facility Size $1,000,000 – $20,000,000+
Length 12 – 24 Months
Line of Credit Origination Fee as low as $2,500
Legal Fee $2,500 (one time fee)
Line of Credit Loan Draw Terms
Property Type Single Family and Multi-Family; Commercial is considered on a case-by-case basis
Purpose New Construction | Fix/Flip and Fix/Rent | Refinance
Location AL, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MO, NC, NE, NJ, NY, OH, OK, PA, RI, SC, TX, VA, WA, WI, WV, WY, UT; Other states are case-by-case and subject to adjusted pricing and guidelines
Exit Sale or Refinance
Loan Term 6 – 12 Months
Loan Extensions Up to 6 Months
Interest Rate as low as 8.5%
Upfront Appraisal & Inspection Fee From $595 (pass-through cost)
Loan Origination Points as low as 1%
Processing & Underwriting Fee $895 (paid at settlement)
Draw Inspection Fees $295 per draw

*Subject to change based on actual loan terms, asset, and borrower qualification

Rehab Line of Credit