Direct Lender for Residential Real Estate Investors

Peak specializes in fast funding for residential investment properties (1-4 units) in 25 states – purchase, refinance, cash out, rehab, flip, ground-up construction and 30-year rental loans. While most lenders shy away from vacation homes and long-term rentals, they are very attractive to us. We lend to a variety of entity types, including self-directed IRA’s, solo 401k’s and foreign nationals. Peak is very well capitalized and lend off our own balance sheet. We don’t mind properties with values under $50K, so long as we approve the location.

Please note: we do not offer loans for land development or owner-occupied homes.

Property Geographic Area Details

We lend in 25 states, mostly in the Midwest and Southeast: AL, AR, CO, FL, GA, IL, IN, KS, KY, LA, MI, MS, MO, MT, NE, NM, NC, OH, OK, SC, TN, TX, WA, WI, WY

Loan Amounts

$25,000 to $1,000,000

Interest Rates

7.50% to 12.00%

Max Loan-To-Value


Max Loan-To-Cost


Origination Fees

1.75% to 3.5%

Loan Terms

6 months to 360 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Value Add Project
  • Development Project

Property Occupancy

  • Vacant
  • Tenant Occupied 100%

Property Types and Loan Types

Collateral Types

  • Residential Property

Property Types

  • 2-4 Units Residential
  • Condominium
  • Portfolio of Residential Properties
  • Single Family Residence

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

  • Residential Long-Term Rental
  • Residential Non-Prime

Purchase Loan

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
  • Seller Financing
  • Gap Lender
  • 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

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw


Maximum After Repair Value


Construction Loan

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

We do not charge a pre-payment penalty on our long-term rental loans and do not have a seasoning requirement. When we lend on a portfolio of properties, each property may have a separate loan, but fees will be charged collectively.

Minimum Loan Amount


Maximum Loan Amount


Minimum Interest Rate


Minimum Origination Fee


Maximum Origination Fee


Maximum Loan Term

360 months

Maximum Loan-To-Value


Minimum Debt Service Coverage Ratio


Will Lend on a Portfolio of Rentals


Minimum Number of Properties


Maximum Number of Properties


Minimum Property Value


Maximum Property Value


Details and Requirements

Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only
  • Amortized
  • Interest Reserve

Pre Payment Penalty


Will lend to a foreign national


We have funded hundreds of loans for foreign nationals over the past 10 years.

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


Will Consider Collateralizing Multiple Properties in One Loan


Will Consider Equity Joint Venture


Borrower Entity Types Considered

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

Documentation Required

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

Personal Guaranty (Recourse) Required


Credit Check Required


Appraisal Required for Residential Property


Broker Price Opinion (BPO) Accepted for Residential Property



Deposit Required

$400.00 to $400.00

We ask for a vendor deposit to order the appraisal. The amount of the deposit is general equal to or less than the cost of the actual appraisal. The borrower will receive a credit on the closing HUD for the vendor deposit.

Underwriting Fee

$0 to $400.00

Processing Fee


Fees which are mandatory for all new borrower clients

  • Appraisal Fee

Fees which are charged upfront prior to loan closing

  • Appraisal Fee

Fees which are paid to a third party company

  • Appraisal Fee

We are not a “MEGA LENDER” hustling you like cattle through the chute. We’ve built our business One Loan at A Time. Every Borrower is unique and important at Peak.

Peak Asset Lending is owned and operated by the Sauer Family, a farm family with roots back to Western Kansas. They purchased their first rental property in 1999. With a well-rounded education and a growing rental portfolio, the Sauer Family began business’s supporting other real estate investors in the early 2000’s. These included a Construction Company, a Maintenance Company, and a Property Management Company.

Cresting at over 200 rentals in 2004, the Sauer Family decided to consolidate and focus on the one item that every transaction involved – Money. This shift in focus led to the beginning of their first lending company. Through the market collapse in 2008, the Sauer Family persevered and started Peak Asset Lending to provide financing to Foreign Investors and other “unbankable” real estate investors. Over the past decade, Peak established itself as one of the premier, non-bank, asset-based lenders in the country.

Company Size (Number of Employees)


Year Established


Office Locations

11289 Strang Line Road, Lenexa, Kansas 66215

Primary Capital Source

  • Own Funds

Alternative Capital Sources

  • Bank Credit Line

Loan Structure for Majority of Loans

  • Own Balance Sheet

Percentage of company’s lending business focused on private mortgage


Percentage of Loans Secured by Commercial Property


Percentage of Loans Secured by Residential Property


Total Number of Loans Funded to Date


Total Loan Volume Funded to Date


Before You Contact Us

Our Minimum Loan Amount Is


What We Do

  • Loans for Residential Investment Properties
  • Bridge, Flip, Construction, Long-Term Rentals
  • LTC up to 90% for Flips, LTV up to 70%
  • 10-20% Cash Required for Flip Purchase

Not Available

  • NO 100% Financing
  • NO Owner-Occupied Homes
  • NO Land Loans
  • NO Commercial Properties

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?


Add links to photos here.


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