Orchard Funding offers hard money loans specializing in fix and flip projects in Arizona, California, and Colorado. They have been in business since 2014 and funded over $1.5 billion in loans. Rates vary depending on investors and they’ll lend up to 90% LTV or 90% ARV. They were rated 2.8 stars based on 5 Freedommentor reviews.
Lender Information
| Business Name: | Orchard Funding |
| Business Website: | orchardfunding.com |
| Business Address: | 11333 N Scottsdale Rd, Suite 293, Scottsdale, AZ 85254 212 Marine St, Suite 100, Santa Monica, CA 90405 7400 E Crestline Cir, Suite 250, Greenwood Village, CO 80111 |
| Business Phone: | Arizona: (602) 252-1500, Colorado: (720) 554-9520, California: (310) 356-7373 |
| Business Email: | info@orchard-funding.com |
| Business Established: | 2014 |
| Google+: | plus.google.com/116886339690555074173/about |
| LinkedIn: | linkedin.com/company/3963266 |
| Facebook: | facebook.com/orchardfundingloans |
Orchard Funding: Rates & Terms
| Types of Properties | Single family homes Condos Townhouses |
| Loan Amount | Up to $3 million |
| LTV | Up to 90% |
| ARV | Up to 90% |
| Interest Rates | Varies depending on investors and projects (for quotation) |
| Lender Fees | No points option available No prepayment penalty (60 days of interest required) |
| Loan Terms | 6 to 12 months |
| Minimum Qualifications / Documentation | Good credit No bankruptcies and payment defaults At least 10% down payment Hazard insurance (with vacancy and vandalism coverage) required |
| Time to Funding | 3 to 5 business days |
| Other Financing Available | Cash Out Refinance Rental Loans may be considered Commercial Property Loans may be considered |
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
States Currently Lending In
Arizona, California, Colorado
