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LendingOne is one of the largest direct private lenders in the country for real estate investors
We lend in 45 states and help property investors from small to large, offering low rates, fast closings, and great service.
- Fix/Flip Loans – Up to 90% of purchase and repairs
- Rental Loans – 30 Year Fixed Rate Up to 80% LTV (Single Property & Portfolios)
- New Construction – Up to 85% of the project cost (Residential & Multifamily)
Not a broker nor a bank, but a fully funded lending partner that can close consistently and help you grow your business. LendingOne uses our own capital, an easy online application, and our extensive real estate experience to provide quick and reliable funding for our clients.
Property Geographic Area Details
For ground-up construction loans and larger value-add projects, we lend in major metropolitan areas only in 45 states. The minimum loan amount for ground-up construction is $500,000. No personal income verification – lending decision based on property cash flow*.
Loan Amounts
$200,000 to $30,000,000
Interest Rates
5% to 12%
Max Loan-To-Value
75.00%
Max Loan-To-Cost
90.00%
Origination Fees
1.49% to 3%
Loan Terms
12 months to 360 months
Lien Position
- 1st
Loan Purpose
- Investment Acquisition
- Investment Refinance
- Improve Subject Property
- Use Equity to Invest in Another Property
- Value Add Project
- Development Project
Property Occupancy
- Vacant
- Tenant Occupied 100%
- Tenant Occupied Partial
Minimum Occupancy Percentage
0%
Property Types and Loan Types
Collateral Types
- Residential Property
Property Types
- 2-4 Units Residential
- Condominium
- Mixed-Use
- Multifamily
- Portfolio of Residential Properties
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Commercial Property Value Add
- Residential Fix and Flip
- Residential Rehab and Rent
- Commercial Ground-Up Construction
- Residential Ground-Up Construction
- Residential Long-Term Rental
Specialty Loan Types
- Residential Long-Term Rental
- Line of Credit Single Property
- Line of Credit Portfolio of Properties
Purchase Loan
Max Loan-To-Purchase Price
90.00%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
Rehab Value Add Loan
Experience Required
yesMinimum Number of Value-Add Projects Completed by Borrower
1Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
100.00%Interest Charged for Renovation Costs
Only on Funds DrawnTypical Number of Days for Funds Draw
5Maximum After Repair Value
75.00%Construction Loan
Development Experience Required
yesMinimum Number of Ground-Up Construction Projects Completed by Borrower
3Max LTC for Ground-Up Construction Costs
85.00%Interest Charged for Construction Costs
Only on Funds DrawnWill Lend on Partially Completed Construction Projects
yesResidential Long-Term Rental
Minimum Loan Amount
$75,000Maximum Loan Amount
$5,000,000Minimum Interest Rate
5.49%Maximum Interest Rate
8.99%Minimum Origination Fee
1.5%Maximum Origination Fee
3.0%Minimum Loan Term
24 monthsMaximum Loan Term
360 monthsMaximum Loan-To-Value
75.00%Maximum Loan-To-Purchase
80.00%Seasoning Time
3 monthsMinimum Debt Service Coverage Ratio
1.00Will Lend on a Portfolio of Rentals
YesMinimum Number of Properties
1Maximum Number of Properties
100Minimum Property Value
$750,000Maximum Property Value
$10,000,000Details and Requirements
Typical Closing Time (Days)
10Fastest Closing Time (Days)
7Works With
- Brokers
- Borrowers
Payment Structure
- Interest Only
- Amortized
- Interest Reserve
Pre Payment Penalty
yes
For long-term rental loans - 3,2,1 -PPPWill lend to a foreign national
no
Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage
noWill Consider Collateralizing Multiple Properties in One Loan
yesWill Consider Equity Joint Venture
yes
Borrower Entity Types Considered
- LLC
- Limited Partnership
- Trust
- Corporation
Documentation Required
- Credit Report
- Bank Statements
- Loan Application
Personal Guaranty (Recourse) Required
SometimesWe offer non-recourse
Credit Check Required
yesMinimum Credit Score Required
640Appraisal Required for Residential Property
AlwaysBroker Price Opinion (BPO) Accepted for Residential Property
SometimesFees
Legal Fee
$695 for Deals under $1,000,000
Exit Fee
No exit fee
Appraisal Fee
Single Family- $450, 2-4 Units- $550, Commercial multi-family and mixed-use - Bid
Renovation Construction Draw Fee
$150 per Draw
Fees which are mandatory for all new borrower clients
- Appraisal Fee
Fees which are charged upfront prior to loan closing
- Legal Fee
- Appraisal Fee
Fees which are paid to a third party company
- Appraisal Fee
- Renovation or Construction Funds Draw Fee
Legal Disclaimer
LendingOne, LLC serves as the originating entity for all loans and is licensed under NMLS ID # 1508627, Arizona Mortgage Banker License # BK-0944181, California Finance Lender License # 60DBO-58915, Minnesota Residential Mortgage Originator License # MN-MO-1508627, Oregon Mortgage Lenders License # 5529 and Vermont Commercial Lender License # 1508627 CLL. LendingOne, LLC currently does not lend in the following states: Alaska, Nevada, North Dakota, Oregon, South Dakota and Utah. LendingOne, LLC is licensed or exempt from licensing in all other states. Loans only apply to residential, non-owner occupied properties. Rates, terms and conditions offered only to qualified borrowers and are subject to change at any time without notice. Closing times are in business days and commence upon receipt of appraisal payment and satisfaction of borrower conditions. Closing times may be delayed due to appraiser property access limitations or availability in certain markets.
Additional Details
* Our loans are subject to business and investor credit approval, geographic, appraisal and other underwriting requirements.
LendingOne, is a direct self-funded private mortgage lending company. We are based in Florida but have branch offices in New York City and Philadelphia as well as sales offices in Chicago and Atlanta. LendingOne is part of the Crestar Group. The Crestar Group of Companies is comprised of private equity, specialty finance, real estate and asset management businesses. Each of our businesses takes pride in delivering a full range of capabilities to meet the needs of our investors, partners and customers through our experience and operational expertise. We are committed to putting all of our stakeholders at the heart of our business, developing and maintaining long-standing relationships based on trust while each of our associates is expected to observe our corporate social and ethical responsibilities.
Our experienced management team truly understands the real estate business and has taken an investor-friendly approach to the lending business. We are self-funded, allowing us to move quickly and finance your project using 100% of our own capital.
With our proprietary technology, we have streamlined the real estate lending process. At the click of a button, you can be pre-qualified for our competitive rates. Pre-Qualify online 24 hours a day, seven days a week and we will get you to the closing table in as little as ten days.
License
NMLS ID #1508627, CFL #60DBO-58915
Company Size (Number of Employees)
55
Year Established
2014
Office Locations
Headquarters901 Yamato Road, Suite 150, Boca Raton, Florida 33431
New York Office
205 E 42nd St 16 Floor, New York, New York 10010
Primary Capital Source
- Own Funds
- Bank Credit Line
- Private Equity Funds
- Hedge Funds
Alternative Capital Sources
- Own Funds
- Bank Credit Line
- Private Equity Funds
- Hedge 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
100%

Michael Faiella
Director of Business Development
Michael Faiella is the Director of Business Development at LendingOne, and he is also the firms top loan originator. Michael’s goal when joining LendingONE was to bring honesty, integrity and customer service to his clients. He was the first employee hired at LendingOne, which used to be Crestar Funding until late 2015. Michael has extensive experience in sales, management, & residential real estate. He is based in NYC but frequently travels to the company headquarters in Florida as well as industry events throughout the country. Michael works directly with clients to get loans funded. He earned his bachelors degree in finance from the University of South Carolina.