Our investment property loans include residential 1-4 rental properties like single family homes, condominiums and townhomes to multi-family apartment, mixed-use and small commercial buildings. We've included a small sample of the types of commercial and investment property loans we've financed through our brokers on behalf of their investors below.
After the investor’s loan was rejected by another lender, the broker called us. A quick close, simple underwriting and flexible terms were key. Velocity stepped in to help the investor maintain the purchase deal and acquire the property with stable financing. Our FlexTerm program, with fixed-rate, I/O payments for up to 10 years, gave the investor exactly what they needed.
Faced with the existing lender of this fix-and-flip triplex backing out mid-project — as well as multiple declines by other lenders — the investor needed a deal with the certainty to close, quickly. Velocity’s flexible underwriting, fast processing and expert service got the loan funded with our ARV Pro program, in about four weeks, all while the investor was traveling overseas.
After a hard money purchase loan for this warehouse fell through due to a low LTV and added costs, the broker turned to Velocity. Our speed and flexibility allowed us to fund the loan with a higher LTV using our long-term, fixed rate FlexTerm program.
The experienced real estate investor seeking a long-term, fixed-rate, high-LTV loan for this 5-bedroom single-family rental property needed the flexible underwriting of our asset-based FlexTerm mortgage program due to a low credit score. Their real estate investment experience allowed us to offer a higher LTV and better terms compared to other lenders.
With flexible underwriting, streamlined processing, and better terms than hard money, we recently refinanced seven separate SFR rental properties using our Flex-Term mortgage program, providing the borrower with additional capital to expand their real estate portfolio.
Los Angeles, CA
The investor who recently purchased this newly built condo for cash wanted to use the property’s equity to expand their real estate portfolio. Velocity funded a speedy 75% LTV cash-out refinance with our 30-year, fixed-rate FlexTerm loan, which provided the investor with the capital needed to meet their investment objectives.
Seeking flexibility and the certainty to close. The investor for this prime-location SFR wanted to refinance from a hard money loan to secure a lower, long-term rate. Knowing that the investor also needed flexible underwriting, the broker felt confident calling Velocity. Given the property location and the loan amount, our asset-based FlexTerm loan was the perfect fit, giving the investor a lower rate for a 30-year term, with no balloon payment.
Fort Myers, FL
The investor of this luxury waterfront SFR needed financing to pay off their construction loan. Our Flex I/O mortgage program provided an interest-only, two-year term loan with lower overall closing costs and time to refinance once rates for a longer term loan become more favorable. We stayed in close contact with the broker and borrower throughout the process to ensure the loan funded quickly once the construction finished.
New York, NY
To attract renters seeking an updated, higher-end apartment, the investor of this quadplex near the Hudson River needed funds to rehab the property. Velocity’s simple loan qualification and streamlined processing for a quick close were the reasons the broker brought us this deal. Our fixed-rate FlexTerm mortgage program gave the investor the cash needed quickly, and they were pleased with the how easy the process was.
To use this 10-acre ranch house as a short-term vacation rental and event venue, the investor needed a cash-out refinance to rehab the property and attract renters. Our FlexTerm mortgage program provided a long-term, fixed-rate with flexible underwriting and a quick, 18-day close.