Silverado Funding LLC is a hard money lender that offers loans for real estate investors. They have been in business since 2006. They work with investors of all experience levels. Rates range between 12% to 18% and they’ll lend up to 75% ARV. They have an A+ BBB Rating, and were rated 1 star based on 2 Freedommentor Reviews, and 5 stars based on 2 Google Reviews.
Lender Information
| Business Name: | Silverado Funding LLC |
| Business Website: | silveradofundingllc.com |
| Business Address: | 10300 SW Greenburg Road Suite 270 Portland, Oregon 97223 |
| Business Phone: | 503-520-1290 |
| Business Email: | info@silveradofundingllc.com |
| Business Established: | 2006 |
| LinkedIn: | linkedin.com/company/15949077 |
| Facebook: | facebook.com/silverado.funding |
Silverado Funding LLC Rates & Terms
| Types of Properties | Non-owner occupied properties |
| Loan Amount | $50,000 to $1 million |
| LTV | Up to 75% of ARV |
| ARV | 75% |
| Interest Rates | 12% to 18% |
| Lender Fees | 1 to 6 points Doc preparation fee: $1500 to $1800 |
| Loan Terms | 6 to 12 months |
| Minimum Qualifications/Documentation | At least 10% down payment Must have a clear exit strategy |
| Time to Funding | 2 weeks or more |
| Other Financing Available | Rehab Loans Bridge Loans Construction Loans |
*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
Oregon
