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Straightline Funding LLC

StraightLine Funding is a direct private lender headquartered in Charlotte, North Carolina, specializing in financing for real estate investors. The company provides rehab, new construction, bridge, DSCR rental, and transactional funding solutions across a multi-state lending footprint, with nationwide transactional funding.

Fast Funding for Residential Real Estate Investors

DIRECT LENDER | RELIABLE FUNDING | GREAT SERVICE

Straightline is a premier provider of Bridge Loans and Rental Property Loans. We are also the #1 Transactional Funding Lender in the Nation. Our Loan Menu Includes:

  • Fix & Flip
  • Fix to Rent
  • 24-Month Bridge for Purchase or Refinance
  • 30-Year Fixed Rate Rental Property Loans
  • New Construction
  • 100% Transactional Funding (Available in all states except CA, NY, UT)
  • Portfolio Lending
Common Loan Scenarios
  • Bridge, Rehab, Construction, Rental Loans
  • Transaction Funding for Wholesalers
  • Up to 90% LTP + 100% LTC for Flips
  • 100% Financing for Transactional Deals
Scenarios Not Considered
  • NO Owner-Occupied Homes
  • NO Commercial Properties
  • NO Rural Areas

Details and Requirements

Property Geographic Area Details

Bridge, Rehab, New Construction and Rental loans available in all states except WA, OR, CA, NV, AZ, UT, ID, ND, SD, NE, MN, NY, VT. Transactional Funding available in all states except CA, NY, UT

Loan Amounts

$50,000 to $2,000,000

Interest Rates

3.75% to 12%

Origination Fees

1.25% to 3%

Loan Terms

6 to 360 months

Lien Position

1st

Credit Check Required

yes

Credit Check Details

All credit situations considered for bridge loans. 660 minimum score required for Rental Loans. No credit is needed for Transactional Funding.

Prepayment Penalty

yes

Prepayment Penalty Details

Rental Loans - 3/2/1 declining prepayment penalty applies

Typical Closing Time (Days)

20

Fastest Closing Time (Days)

10

Payment Structure
  • Interest Only
  • Amortized
Personal Guaranty (Recourse) Required
Always
Borrower Entity Types Considered
  • LLC
  • Corporation
Documentation Required
  • Credit Report
  • Bank Statements
  • Loan Application
Appraisal Required for Residential Property

Always

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Will Consider Collateralizing Multiple Properties in One Loan

no

Will lend to a foreign national

yes

See program guidelines
Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

no

Will Consider Equity Joint Venture

no

Collateral Types
  • Residential Property
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
Property Occupancy
  • Vacant
  • Tenant Occupied 100%

Last updated: August 1, 2026

Legal Disclaimer

Loan rates are subject to change until loan documents are out.

StraightLine Funding’s Lending Activity
Data Provided By Elementix
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12mo Loan Volume

$4,753,658

12mo Loan Count

32

Total Loan Volume

$100,170,684

Average Loan Size

$144,546

Loan Count by State (Past 12 Months)
NC: 15, GA: 8, IL: 2, AL: 1, TX: 2, FL: 1, OH: 2, SC: 1
Data provided by Elementix | Disclaimer

Company Quick Facts

  • Year Established: 2006
  • Headquarters: Charlotte, North Carolina
  • Founders: David Cruise (Co-Founder)
  • Company Type: Direct private lender
  • Primary Customers: Real estate investors, landlords, wholesalers, fix-and-flip operators, and spec home builders
  • Loan Types: Rehab Loans, New Construction Loans, Bridge Loans, DSCR Rental Loans, and Transactional Funding
  • Property Types: Primarily 1–9 unit residential investment properties
  • Geographic Focus: Bridge, rehab, construction, and DSCR lending across multiple U.S. states; transactional funding available nationwide
  • Financing Strategy: Asset-based lending for acquisition, renovation, rental, and short-term investment strategies
  • Rental Loan Program: 30-year fixed-rate DSCR loans with qualification based primarily on property cash flow
  • Construction & Rehab Financing: Provides financing for fix-and-flip, fix-to-rent, and ground-up residential construction projects
  • Transactional Funding: Offers short-term double-closing financing for real estate wholesalers nationwide
  • Experience: Reports more than 100 years of combined real estate investing experience across its team
  • Loan Volume: More than 12,000 loans approved

Office Locations

Straightline Funding, LLC
2015 Ayrsley Town Blvd, #202, Charlotte, North Carolina 28273

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Info Our minimum loan amount is $50,000

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