Conquest Funding, Inc. is a hard money lender that offers loans between $50,000 to $500,000 for real estate investors in Pennsylvania. Their interest rates range between 12% to 14%, and they lend up to 65% of ARV. Conquest Funding, Inc. was established in 2011 and has generated over $10 million in loans. There are no reviews found online.
Lender Information
Business Name: | Conquest Funding, Inc. |
Business Website: | |
Business Address: | 5000 W. Tilghman Street, Suite 249, Allentown, PA 18104-9121 |
Business Phone: | 484-712-7372 |
Business Email: | jeff@conquestfunding.com |
Business Established: | 2011 |
Facebook: |
Conquest Funding, Inc.: Rates & Terms
Types of Properties | Non-owner occupied properties Single family homes 1-4 unit residential properties Offices Residential multi-unit rental properties Mixed use Retai Warehouse Commercial properties |
Loan Amount | $50,000 to $500,000 |
LTV | Up to 65% based off ARV |
ARV | 0.65 |
Interest Rates | 12% to 14% |
Lender Fees | No prepayment penalty 2 to 4 points Appraisal fee – $400-$450, depending on property Inspection fee – $150 per inspection for rehab projects Additional costs at settlement for title insurance and title agent fees |
Loan Terms | 6 to 12 months (longer terms may be available up to 36 months) |
Minimum Qualifications / Documentation | Individuals, LLC, LLP, partnerships, corporations Personal guarantees or cosigners may be required |
Time to Funding | 2 weeks or more |
Other Financing Available | Rehab financing Commercial bridge loans Cash out refinance |
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
Popular Hard Money Lenders 2019
Lender | Best For |
---|---|
Investors who want competitive rates and fast funding for residential fix and flips | |
Landlords wanting to refinance or grow their rental portfolio | |
Short-term investors looking for a good residential fix-and-flip hard money loan option | |
Investors who want great customer service with a local bank feel from a 44-state lender | |
Fix and flippers who want an alternative to LendingHome, but with a commercial component |
States Currently Lending In
Pennsylvania