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