Benefits of Funding with Equity Lending Inc.

SPEED: We will give you an answer within 24 hours, and will perform a property inspection immediately. We can close within 5-10 days.

EXPERIENCE: We have almost 75 years of Private Lending experience among the owners at Equity Lending, Inc. We have deep experience and knowledge of the DMV market as both Lenders and Development oriented principals.

FLEXIBILITY: We have seen every scenario. We can fund as little as $100K, or as much as $5M.

LOW DEFAULT RATE: We have less than a 1% default rate. We don’t fund the loan if there is any significant chance of a default.

GUIDANCE: Let our experience help you make your deal a success. We will guide you through your transaction. As you move through the construction process, our experienced principals will provide advice. Most lenders only advise you to closing – we will guide you until payoff.

RED TAPE: We’ve seen most real estate scenarios many times. When necessary, we can recommend specialists who can help you get your deal closed. We will help you navigate some of the obstructions that can kill a profitable transaction.

 

 We protect our brokers!

Property Geographic Area Details
DMV Metro Area and Delaware
Loan Amounts
$100,000 to $5,000,000
Interest Rates
10% to 16%
Loan Terms
6 months to 18 months
Origination Fees
3% to 6%
Lien Position
1st
Collateral Types
  • Residential Property
  • Commercial Property
  • Commercial Property Ground Lease
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Value Add Project
  • Development Project
Property Occupancy
  • Vacant
  • Tenant Occupied 100%

Property Types

  • 2-4 Units Residential
  • Condominium
  • Industrial
  • Mixed-Use
  • Multifamily
  • Office
  • Parking Lot
  • Portfolio of Commercial Properties
  • Residential Land
  • Retail
  • Single Family Residence
  • Vehicle Parking

Loan Types

  • Private Money
  • Hard Money
  • Residential Fix and Flip
  • Residential Rehab and Rent

Land Types Considered

  • Residential Land
  • Multifamily Land
  • Industrial Land
  • Office Land
  • Retail Land
  • Agricultural Land
  • Special Purpose Land

Will Consider Land That is NOT Entitled

no

Existing Land Improvements Required

  • Street Access
  • Electricity
  • Water
  • Commercial Structure

Max LTV for Land

65%

Max LTC for Land Acquisition

65%

Max Loan-to-Purchase Price

65%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

  • Own Cash
  • Equity in Another Investment Property
  • Equity in Primary Residence

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

1

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

100%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

5

Deposit Required

Your deposit secures your loan and gets the ball rolling on the transaction. Deposit is sent to a trusted group of Lawyers we use for every closing who are incredibly skilled and diligent in processing your deal. Deposit is returned if loan does not close.

Inspection Fee

$300- $500 Inspection Fee depending on location of property.

Fees which are mandatory for all new borrower clients

  • Deposit
  • Underwriting Fee

Details and Requirements

Typical Closing Time (Days)

10

Fastest Closing Time (Days)

5

Payment Structure
  • Interest Only
  • Interest Reserve
Pre Payment Penalty

no

Will lend to a foreign national

no

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

no

Will Consider Collateralizing Multiple Properties in One Loan

no

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered
  • Individual(s)
  • LLC
  • Corporation
  • Self-Directed IRA
Documentation Required
  • Loan Application
Personal Guaranty (Recourse) Required
Always
Credit Check Required

no

Appraisal Required for Residential Property

Always Before Funding

Appraisal Required for Commercial Property

Always After Funding

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Additional Details

You will pay a $1500 deposit upfront that gets the ball rolling on your loan. Additional fees (underwriting & inspection) are paid out of closing, and usually average about $875. No hidden fees or unnecessary charges. We follow a standard practice for every loan, and returning customer see lower fees for their recurring transactions.

Get In Touch

Equity Lending Inc. pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

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Equity Lending Inc is one of the longest standing Hard Money Lenders in the DC area. We have crafted hundreds of loans in D.C, MD, VA, DE, NY, NC,  although 90% of our deals are in the DMV area.

Coming from many years of experience as D.C Real Estate Developers, Equity Lending Inc has a deep understanding of the market, and has many contacts in and around the DC area. What sets us apart from other Lenders is that we will guide you through the entire closing process, and continue to offer assistance through construction. Our deep understanding of D.C and the Real Estate Market will ensure that your project is successful.

We are a small business with only a few employees so you will always speak directly to us. We are easy to reach, and have one employee who handles property inspections which allows for quick closing.

Having been central to hundreds of DMV real estate deals over the last 30+ years, we have the knowledge to craft a deal that will benefit all. We are not afraid of unique situations or unconventional deals!

 

Year Established

1988

Office Locations

Gaithersburg, MD 20885

Primary Capital Source
  • Own Funds
Alternative Capital Sources
  • Own Funds
Loan Structure for Majority of Loans
  • Own Balance Sheet
  • One Investor One Loan
Percentage of Loans Secured by Commercial Property

70%

Total Number of Loans Funded to Date

800

Funded Deals

Get In Touch

Equity Lending Inc. pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
subscribe-illustration
Before You Contact Us

Our Minimum Loan Amount Is

$100,000

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