Property Geographic Area Details

We primarily fund in Virginia, Maryland, and Washington DC. Other states are considered on a case by case basis.

Loan Amounts

$25,000 to $2,000,000

Interest Rates

9% to 15%

Max Loan-To-Value

60%

Max Loan-To-Cost

75%

Origination Fees

2% to 4%

Loan Terms

0 months to 72 months

Lien Position

  • 1st
  • 2nd
  • 3rd

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Invest in a Business
  • Business Working Capital
  • Value Add Project
  • Development Project

Property Occupancy

  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial
  • Owner Occupied Residential

Property Types and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property

Property Types

  • 2-4 Units Residential
  • Adult Day Care
  • Assisted Living Facility
  • Auto Dealership
  • Auto Repair
  • Bed and Breakfast
  • Car Wash
  • Casino
  • Child Day Care
  • Cinema
  • Club
  • Commercial Condominium
  • Commercial Land
  • Community Center
  • Condominium
  • Equestrian
  • Event Center
  • Gas Station
  • Golf Course
  • Gym
  • Healthcare
  • Hostel
  • Hotel
  • Industrial
  • Marina
  • Mixed-Use
  • Mobile Home Park
  • Motel
  • Multifamily
  • Night Club
  • Office
  • Parking Lot
  • Place of Worship
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • RV Park
  • Ranch
  • Recreational
  • Rehabilitation Facility
  • Religious Facility
  • Residential Land
  • Retail
  • Senior Housing
  • Single Family Residence
  • Sports Facility
  • Storage Facility
  • Student Housing
  • Vehicle Parking
  • Winery

Loan Types

  • Private Money
  • Hard Money
  • Commercial Bridge
  • Residential Bridge
  • Commercial Property Value Add
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Commercial Ground-Up Construction
  • Residential Ground-Up Construction
  • Commercial Long-Term

Specialty Loan Types

  • 2nd Mortgage Equity Cash Out
  • 3rd Mortgage Equity Cash Out
  • Land Development
  • Residential Long-Term Rental
  • Reverse 1031 Exchange
  • Bankruptcy Resolution
  • Foreclosure Bailout
  • Line of Credit Single Property
  • Line of Credit Portfolio of Properties
  • Primary Residence Business Purpose Cash Out
  • Subdivisions

Junior Liens

Junior Lien Loan Amounts

$50,000 to $500,000

Junior Lien Interest Rates

10% to 15%

Junior Lien Loan-to-Value

60%

Junior Lien Loan-to-Cost

70%

Junior Lien Origination Fees

2% to 5%

We Fund Junior Position Loans

Often

Junior Lien Types

  • Refinance
  • Equity Cash Out

Details and Requirements

Typical Closing Time (Days)

14

Fastest Closing Time (Days)

3

Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only

Pre Payment Penalty

no

Will lend to a foreign national

yes

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

yes

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered

  • Individual(s)
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
  • Non-Profit Corporation
  • Self-Directed IRA

Documentation Required

  • Loan Application

Personal Guaranty (Recourse) Required

Sometimes

Credit Check Required

no

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Fees

Underwriting Fee

$195.00 to $195.00

At your loan closing we will deduct a $195 Underwriting Fee from the loan proceeds. We do not charge any upfront fees.

Documents Fee

A Document Fee will be charged and paid out of the loan proceeds at closing. The amount varies depending on the loan amount, number of properties involved, turn around time and the closing jurisdiction. We will give you a written estimate as part of the approval process.

Year Established

2006

Office Locations

7138 Carol Lane, Falls Church, Virginia 22042

Primary Capital Source

  • Own Funds

Alternative Capital Sources

  • Bank Credit Line
  • Bank Pledge of Individual Mortgages

Loan Structure for Majority of Loans

  • Own Balance Sheet

Percentage of company’s lending business focused on private mortgage

100%

Company’s Other Business Activities Besides Private Mortgage Lending

  • Commercial Real Estate Investing
  • Residential Real Estate Investing
  • Real Estate Development

Percentage of Loans Secured by Commercial Property

40%

Percentage of Loans Secured by Residential Property

60%

Percentage of Residential Property Loans Which are Fix and Flip

35%

Percentage of Residential Property Loans Which are Buy and Hold

65%

Percentage of Residential Property Loans Which are Owner-Occupied

5%

Total Number of Loans Funded to Date

59

Total Loan Volume Funded to Date

$19,000,000

Completed Transactions

Fulford Lending

Private Loan Funding
Washington, DC
$200,000
Assisted Living Facility, Single Family Residence

Residential Long-Term Rental

Fulford Lending

Private Loan Funding
Beltsville, MD
$185,000
Single Family Residence

Residential Fix and Flip

Fulford Lending

Private Loan Funding
Washington, DC
$180,000
Mixed-Use

Purchase

Fulford Lending

Private Loan Funding
Temple Hills, MD
$132,000
Auto Repair

Commercial Long Term