Dominion Financial has been offering hard money loans since 2002. It offers customized loan programs, rates and fees. It can lend up to $2 million and up to 90 percent of the property purchase price. It closes loans in as quick as five business days. They have an A+ BBB rating and 4.2-star rating on Facebook.
|Business Name||Dominion Financial|
|Business Address||1029 North Calvert Street, Baltimore, MD 21202|
|Business Established Year||2002|
Dominion Financial Rates & Terms
|Types of Properties||Single-family attached and detached houses|
|Loan Amount||Up to $2 million|
|LTV||90% of purchase price|
|ARV||Varies per project and borrower|
|Interest Rates||Varies per project and borrower|
|Lender Fees||Closing costs|
|Loan Terms||6-12 months|
|Minimum Qualifications||10% down payment|
2 years of tax returns
Recent bank statement showing capital
Completed personal financial statement
Good FICO score is an advantage
|Typical Time to Funding||5 business days|
|Other Financing Available||Rehab loans|
*Exceptions may be granted. Lender information is updated often; however, exact lender terms may have changed.
States Currently Lending In
Currently lends in all states with the exception of California, Utah, Nevada, Vermont, Maine, Arizona, Arkansas, Idaho, Montana, North Dakota, South Dakota, Iowa, Mississippi, Minnesota and Oregon.