Direct Lender for Residential Fix & Flip Investors

Boomerang Capital Partner is a direct lender based in Mesa, AZ. We have been in business for 14+ years and funded over 5,000 loans totaling over $1 billion. We have funding available and can provide reliable and predictable financing in as few as 2 business days.

  • Interest Charged Only on Funds Drawn
  • No Credit Check
  • No Junk Fees
  • In-House Valuations
    • Full appraisal only required in some cases

Please Note: We do NOT offer loans for raw land or owner-occupied homes.

Property Geographic Area Details
Arizona, Colorado, Texas, Utah
Loan Amounts
$100,000 to $2,500,000
Interest Rates
12% to 13%
Loan Terms
6 months to 12 months
Origination Fees
1% to 2%
Lien Position
1st
Collateral Types
  • Residential Property
Loan Purpose
  • Investment Acquisition
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Value Add Project
Property Occupancy
  • Vacant

Maximum Leverage

Residential Fix & Flip
Max LTP: 85%
Max LTC: 85%
Max LTARV: 70%
Residential Rehab & Hold
Max LTP: 85%
Max LTC: 85%
Max LTARV: 70%

Property Types

  • 2-4 Units Residential
  • Multifamily
  • Single Family Residence

Loan Types

  • Private Money
  • Hard Money
  • Residential Bridge
  • Residential Fix and Flip
  • Residential Rehab and Rent
Borrower must have cash down payment. We do not allow gap funding or seller financing in lieu of cash.

Max Loan-to-Purchase Price

85%

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

Experience Required

no

Minimum Number of Value-Add Projects Completed by Borrower

0

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

85%

Interest Charged for Renovation Costs

Only on Funds Drawn

Typical Number of Days for Funds Draw

1

Maximum After Repair Value

70%

Extension Fee

We may consider extensions up to 90 days. The fee would be the same number of points charged on the initial funding.

Fees which are mandatory for all new borrower clients

  • Title Fee

Fees which are paid to a third party company

  • Title Fee

Details and Requirements

Typical Closing Time (Days)

3

Fastest Closing Time (Days)

1

Payment Structure
  • Interest Only
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
  • Limited Partnership
  • Trust
  • Corporation
  • Self-Directed IRA
Documentation Required
  • Bank Statements
  • Financial Statements
  • Loan Application
Personal Guaranty (Recourse) Required
Always
Credit Check Required

no

Appraisal Required for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Never

Boomerang Capital Partners Testimonials

Simplicity & Support

Brad W.

"I enjoy working with Boomerang because of the simplicity of their process and clarity of their communication. The applications and property requirements are simple and there’s nothing extra. When I make offers I need to know that my lender is behind me."

Colorado

Genuinely great people

Christopher H.

"I have been dealing with Boomerang for 6 years now and really enjoy the ease of the process. I know that when I submit a property for approval and they say they will lend on it I don't need to worry any further. Their knowledge is deep and I feel like they are there to make sure you succeed. Plus they are genuinely great people that work there. "

Colorado

Easy to Work With The Experienced

Clint M.

"Working with Boomerang Capital has been great. Their level of expertise has been super helpful and the lending process is easy when the lender has also done so many similar projects of their own."

Real Estate Investor

Fast Service With a Personal Touch

Dry Guys

"Fast transaction. easy to work with. good rates and there are human beings you can talk to who answer questions. Its not a bunch of voice mail prompts and emails. They know the area and make quick decisions. I would work with them again."

Google Reviews

Contact Boomerang Capital Partners

Boomerang Capital Partners pays us to be listed, so there is no fee to connect with them directly.
(480) 779-9779 (480) 779-XXXX
Click to show phone number
Send email Create a Loan Request

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We Are Non-Traditional, Fast, and Friendly!

We offer innovative financing solutions to our borrowers under-served by traditional banks. And, unlike other non-traditional lenders, we work for you. You aren’t just a number, you talk to a real person about your project and requirements, and we work to get you going.  And you’ll keep talking to a real person at all stages of your project right through to the completion and pay-off (and hopefully on to the next one!)

We are Experienced

We have helped with thousands of homes and hundreds of millions of dollars of funding, across the country. We have seen the ups and downs of the economy as a whole and of individual projects, all of which helps us understand what you are doing, and work with you to accomplish your goals. The majority of our borrowers are repeat clients, and we’d love to have you as one too.

We are Fast & Dependable

You need certainty, and you need it fast. We get it. We have funding available and can provide reliable and predictable financing in as few as 2 business days.

 

License

Arizona BK-1001146, NMLS 1644075

Company Size (Number of Employees)

24

Year Established

2006

Associations

  • American Association of Private Lenders
  • Forbes Real Estate Council

Office Locations

2152 S. Vineyard, Suite 105, Mesa, Arizona 85210

Primary Capital Source
  • Own Funds
  • Debt Fund We Manage
  • Individual Investors
  • Family Offices
  • Private Equity Funds
Alternative Capital Sources
  • Own Funds
  • Debt Fund We Manage
  • Individual Investors
  • Family Offices
  • Single Capital Partner
  • Private Equity Funds
Loan Structure for Majority of Loans
  • Own Balance Sheet
Percentage of Loans Secured by Commercial Property

10%

Percentage of Loans Secured by Residential Property

90%

Total Loan Volume Funded to Date

$1,000,000,000

Our Team

Kendra McWhirter

Vice President of Lending

AZ LO - 0948730

Andrew Bang

Vice President of Lending

AZ LO - 0950774

Francisco Vallecillos

NMLS - 2021572

Tadd Jones

NMLS - 948709

Contact Boomerang Capital Partners

Boomerang Capital Partners pays us to be listed, so there is no fee to connect with them directly.
(480) 779-9779 (480) 779-XXXX
Click to show phone number
Send email Create a Loan Request

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
SUBSCRIBE
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Contact This Lender

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(480) 779-9779 (480) 779-XXXX
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BEFORE YOU CONTACT THIS LENDER

Our Minimum Loan Amount Is

$100,000

What We Do

  • Fix & Flip Lending in AZ, CO, TX
  • Residential & Multifamily Properties
  • LTP & LTC Up to 85%
  • 15%+ Cash Required for Total Costs

Not Available

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

Send an email to Boomerang Capital Partners