Direct Private Hard Money Lender for Residential Investment Properties in 40 States

Fix & Flip | Ground-Up Construction | Long-Term Rental Loans

Accolend is a direct lender that offers NO POINTS loans and rates from 7.5% to 9.5%. We are backed by institutional capital and we pass our lower cost of capital to our borrowers. Our underwriting process is fast, efficient and transparent.


  • Asset Based Loans: 75-85% of purchase price and 75-85% of the renovation budget
  • Property Types: Single Family, Condos, 2-4 Units, Multifamily and Mixed Use
  • Ground up construction
  • Rental Loans with rates from 4.99%
  • Joint Venture Program for qualified investors

We close loans in 3-7 business days, we don’t have minimum FICO score and all processing and underwriting is done by our team in-house.

Please note: we do NOT offer 100% financing, and our minimum loan amount is $125,000. 

Property Geographic Area Details

Nationwide EXCEPT 10 States: AK, AZ, CA, MN, NV, ND, OR, SD, UT, VT. Property must be in an urban or suburban area. We do not consider rural properties, ranches or farms.

Loan Amounts

$125,000 to $10,000,000

Interest Rates

7% to 10%

Max Loan-To-Value


Max Loan-To-Cost


Loan Terms

6 months to 18 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Use Equity to Invest in Another Property
  • Development Project

Property Occupancy

  • Vacant
  • Tenant Occupied 100%

Property Types and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property

Property Types

  • 2-4 Units Residential
  • Mixed-Use
  • Mobile Home
  • Mobile Home Park
  • RV Park
  • Single Family Residence
  • Student Housing

Loan Types

  • Private Money
  • Hard Money
  • Residential Bridge
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Residential Ground-Up Construction
  • Residential Long-Term Rental

Specialty Loan Types

  • Condo Conversion
  • Residential Long-Term Rental
  • Transactional Funding

Purchase Loan

We can fund up to 85% of purchase price for a fix & flip project, but for ground-up construction projects, we will fund up to 75% of the purchase price.

Max Loan-To-Purchase Price


Borrower Must Have Property Under Contract


Will Provide Proof of Funds Letter


Will Consider Lending on Purchase from Auction


Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Equity in Another Investment Property
  • Crowdfunding
  • Family

Rehab Value Add Loan

Experience Required


Minimum Number of Value-Add Projects Completed by Borrower


Will Provide Funds for Renovation Costs


Max LTC for Renovation Costs


Interest Charged for Renovation Costs

Only on Funds Drawn

Typical Number of Days for Funds Draw


Maximum After Repair Value


Construction Loan

We required a minimum credit score of 600 for ground-up construction projects.

Development Experience Required


Minimum Number of Ground-Up Construction Projects Completed by Borrower


Max LTC for Ground-Up Construction Costs


Interest Charged for Construction Costs

Only on Funds Drawn

Will Lend on Partially Completed Construction Projects


Residential Long-Term Rental

Minimum Loan Amount


Maximum Loan Amount


Minimum Interest Rate


Maximum Interest Rate


Maximum Origination Fee


Minimum Loan Term

36 months

Maximum Loan Term

360 months

Maximum Loan-To-Value


Maximum Loan-To-Purchase


Minimum Debt Service Coverage Ratio


Will Lend on a Portfolio of Rentals


Minimum Property Value


Maximum Property Value


Details and Requirements

Typical Closing Time (Days)


Fastest Closing Time (Days)


Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only
  • Amortized

Pre Payment Penalty


Will lend to a foreign national


Must be legal

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage


Will Consider Collateralizing Multiple Properties in One Loan


Will Consider Equity Joint Venture


We will consider joint ventures for Flip or Construction projects in only 5 states: NJ, NY, CT, MA, PA. Borrower must have completed at least 5 successful projects. Click the Loan Programs tab for more details.

Borrower Entity Types Considered

  • Individual(s)
  • LLC
  • Limited Partnership
  • Corporation

Documentation Required

  • Credit Report
  • Tax Returns
  • Bank Statements
  • Loan Application

Personal Guaranty (Recourse) Required


Credit Check Required


Credit Check Description

We pull credit but no minimum FICO score required for fix & flip projects. For ground-up construction projects, the minimum FICO score is 600, and 620 minimum for 30-year rental loans.

Appraisal Required for Residential Property

Always Before Funding

Appraisal Required for Commercial Property

Do Not Lend on Commercial Property

Broker Price Opinion (BPO) Accepted for Residential Property


Broker Price Opinion (BPO) Accepted for Commercial Property



Legal Fee

Depending on location and deal complexity

Inspection Fee

For Rehab/Construction. $250 for regular rehab.

Background Check Fee

For pulling OFAC Personal and Criminal Background Reports

Appraisal Fee

Depends on property type. Paid directly to appraisal company

Renovation Construction Draw Fee


Fees which are mandatory for all new borrower clients

  • Legal Fee
  • Appraisal Fee
  • Inspection Fee
  • Credit Report Fee
  • Background Check Fee

Fees which are charged upfront prior to loan closing

  • Credit Report Fee

Fees which are paid to a third party company

  • Legal Fee
  • Appraisal Fee
  • Inspection Fee
  • Credit Report Fee

Additional Details

We do not charge origination fees. In addition to bridge, fix & flip and construction loans, we also offer long-term financing for long-term rental loans. For those long-term loans, we give borrowers the option to pay 1 point to buy down the interest rate. We charge a fee of $1,900 to cover OFAC personal and criminal background review ($150), legal, servicing set up, wire and mail.

Fix & Flip or Fix & Hold

  • Interest Rate (APR): 7% to 10%
  • Origination Points: None
  • Loan-to-Purchase Price: Up to 75%-85%
  • Loan-to-Costs: Up to 75%-85% of rehab costs
  • Loan-to-After Repair Value: 65-70%
  • Experience Preferred but not required
  • Credit Requirement: No minimum FICO Score
  • Property Types: SFR, Multifamily, Condo, Mixed use
  • Occupancy: Non-owner occupied only
  • Loan Size: $100K to $10M
  • Loan Fees: $1,900 plus Appraisal
  • Loan Term: 12 months (extensions available)
  • Typical Closing Time: 3 to 7 days

Ground-Up Construction Projects

  • Interest Rate (APR): 9% to 10%
  • Origination Points: None
  • Loan-to-Purchase Price: Up to 75%
  • Loan-to-Costs: Up to 75% of constructio costs
  • Loan-to-After Repair Value: 65-70%
  • Experience Required
  • Credit Score: 600 minimum
  • Property Types: SFR, Multifamily, Mixed Use
  • Occupancy: Non-owner occupied only
  • Loan Size: $150K to $10M
  • Loan Fees: Depends on deal complexity
  • Loan Term: 12 to 18 months (extensions available)
  • Typical Closing Time: 5 to 15 days

Long-Term Rental Loans

  • Interest Rate (APR): 5.99% to 7%
  • Origination Points: None required, but can buy down the interest rate by paying 1 point
  • Loan-to-Value: Up to 80%
  • Experience not required
  • Credit Requirement: 620 minimum
  • Property Types: SFR, Condo, 2-6 Units Multifamily
  • Occupancy: Tenant Occupied
  • Loan Size: $100K to $10M
  • Loan Fees: $1,900 plus Appraisal
  • Loan Term: 360 months (5/1, 7/1, 10/1 ARM)
  • Typical Closing Time: 15 to 30 days

Joint Ventures for Flip & Construction Projects

  • Only Offered in 5 States: New Jersey, New York, Connecticut, Massachusetts, Pennsylvania
  • Experience Required: Must have completed 5 successful deals as the direct sponsor
  • Property Types: SFR, Condo, Multifamily, Mixed-Use
  • Deal Size: $250K to $10M
  • Soft Costs: We fund 100% of soft costs
  • Hard Costs: We fund 100% of hard costs
  • Profit share to investor: 55% of Net Profit
  • Profit share for AccoLend: 45% of Net Profit
  • Credit Requirement: No minimum credit score
  • Occupancy: Vacant – only for flip and construction projects
  • Term: 6 to 18 months
  • Fees: There are small monthly fees investors will have to pay; contact us for more details


AccoLend is a private lender located in Teaneck NJ offering fast hard money loans for fix and flip, ground-up and joint ventures. No points, no prepay penalties and fast funding.

Company Size (Number of Employees)


Year Established



  • American Association of Private Lenders

Office Locations

310 Cedar Lane, Suite 3A, Teaneck, New Jersey 07666

Primary Capital Source

  • Own Funds

Alternative Capital Sources

  • Own Funds

Loan Structure for Majority of Loans

  • Own Balance Sheet

Alternative Loan Structures

  • Own Balance Sheet

Percentage of company’s lending business focused on private mortgage


Company’s Other Business Activities Besides Private Mortgage Lending

  • Residential Mortgage Banking
  • Residential Real Estate Investing
  • Real Estate Development

2017 Loan Volume Funded


2018 Loan Volume Funded


Boris Grinberg


Robert Newman


Brandon White

Loan Origination

Isaac Koyfman

Legal Counsel

Andrei Plamadeala

Head of Underwriting

Ken Gardner


Benson Cherian


Jackie Gorman


Margo Lobanova


Dan Bryan


Hector Santiago


Jatin Babaria


Loan Request

Short Description of your Loan Request or Property Address

This information is about yourself, not the subject property.


At the end of the form you can enter the additional properties.

(temp use, storage, billboard, parking, etc.)


If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.


(temp use, storage, billboard, parking, etc.)


If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.


how will the loan be paid off?


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