Expedited Capital Funding The softer side of hard money!
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Creative Funding Solutions One Investor at a time
Rates start at 7.99%
Up to 90% Purchase 100% of Rehab Interest Only 12 month loan Quick Closing 620 Min credit score |
Loan size 75k to $2m
Up to 80% LTV 3/1, 5/1, 7/1 ARM Loans 30 Year fixed Foreign Nationals OK Low DSCR 620 Min credit score |
LTV up to 75%
Rates starting in the low 4% Pre Payment options Asset Based Investing 620 credit 1 to 4 units 680 credit 5 to 20 units |
LTV up to 75% LTV
Rates starting at 8% 12 to 24 month terms Loan amount $25k - 3m Interest Only Options SFR, Condo, Town homes 620 Min credit score |
Max LTV 65% Purchase
Max LTV 60% Refinance 3/1, 5/1, 7/1 ARM 30 Year Fixed Loan Amount $75K to 3m No SS# needed or credit No credit score or ITIN |
Our New Construction Loan Program is coming back better then over. Stay tuned!
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Delayed Financing Solutions
Calling all Real Estate investors! Need to free up cash on your existing investment property without having to wait six months to a year? Look no further, Expedited Capital Funding a Premier nationwide lender offers delayed financing option for cash out on your investment property immediately without the seasoning restraints. | ||
Expedited Capital Funding, LLC is a nationwide lender providing financing solutions for the real estate investor. At ECF we offer Fix and Flip loans, Purchase and Refinance, Bridge loans, Foreign National loan program, Multi Family Loans 5+ units and New Construction. We understand the needs of investors and the attention needed to get a deal funded. Our creativity, outlook, quality and passion in our work are the fundamentals to our success and growth. We strive to be the best while never losing focus on what is most important, our clients! Let us help grow your real estate business one deal at a time.
CURRENT REAL ESTATE MARKET INSIGHT
Real Estate Market Insights
The United States has been discussing the rebuilding of the country’s infrastructure for over a decade. It has been a major part of campaign promises for both parties’ candidates in every election cycle. Anyone who travels abroad marvels at the modern airports in the Middle East, the highways of Europe and the clean energy infrastructure in the Far East.
Last year, this theme started getting its due, with two infrastructure-minded presidential candidates and housing construction beginning to return to historical levels. Covid-19 temporarily threw a wrench in the works, but the theme only strengthened due to an enormous number of secular tailwinds – low interest rates, likely for several years, enormous amount of fiscal spending, “work from home” gaining traction, the rush to buy or rent second homes, the need to create jobs in the construction industry, to name a few.
Residential Real Estate Construction
We expect residential real estate construction to strengthen on all fronts, based on a multi-year US housing recovery, fueled by the above tailwinds. Major Wall Street research houses are united in this optimistic view. While existing home sales will likely be above 5mm in 2021, we expect over 1 mm new home starts in 2021, a healthy increase over 2010-2019. Our 2021 forecast would represent the highest level of starts in 11 years; with single family expected to dominate (+11% Y/Y). Leading indicators show activity remains strong at various stages of the home buying process, from online searches to showings to mortgage applications.
While there is some recent choppiness around rate expectations and current market euphoria in the stock market and housing and can except pullbacks, we ultimately do not see a path to a rapid increase in rates in the next three years. Further, a market now accustomed to lower terminal rates, and a very gradual pace of hikes, ultimately gives the Fed more flexibility in unwinding some of the extraordinary accommodation currently in place as there is less risk of a true “taper tantrum.” While rates tend to be the major factor in residential construction, the increasing “work from home” phenomenon, combined with the boom in people seeking second homes means more business for home enlargement and improvement, increased existing home sales, likely more single-family rentals, and increased “Fix and Flip” activity.
Some Supply Estimates
Based on Citi Research, in terms of housing starts, we expect single family to dominate (+11% Y/Y in ’21) while multi-family declines -10% Y/Y. The recovery of housing starts will continue into 2022 (est. 1.5mm), as inventories remain tight in an undersupplied market. When foreclosures finally flood the housing market this will realign the supply and demand in housing.
The Indicators
Several leading indicators show that activity remains strong at various stages of the home buying process, from online searches to real estate showings to mortgage applications. The Mortgage Bankers Association’s (MBA) seasonally adjusted purchase index was up double digits Y/Y for the 32nd consecutive week (week ended 1/1/2021), although on a sequential basis, the index has seen some choppiness since the start of June.
Consistent with the recovery in mortgage applications, real estate viewings continue to accelerate. Following 5 years of overbuilding heading into the 2008-09 downturn, the industry underbuilt for 13 consecutive years coming out of “the Great Recession.”
Supply/demand remains favorable with supply of existing homes near all-time lows. Furthering favorable supply/demand characteristics, many potential sellers of existing homes took their properties off the market due to Covid-19 fears.
This has advantaged home sales with virtual tours & online design offerings. The combination of rebounding home demand and persistent underbuilding has led to the supply of resale single-family home inventories (on both a months’ supply and absolute basis) hitting record lows. We also have not seen the Covid-19 driven economic slowdown significantly impact housing demand, as high unemployment & tighter lending standards are disproportionately impacting lower income consumers that were not in the housing market to begin with.
Single Family Rentals (SFR)
The single-family rental (SFR) market is having its moment. While other asset classes like retail and office have stumbled during the coronavirus pandemic, the SFR market has thrived, thanks to ultra-low interest rates and occupancy in rentals remaining steady compared to pre-Covid. Inventory has been tight, and demand has been tighter. A recent study by Mynd found that Milwaukee, Memphis and Detroit are expected to attract a lot of activity for SFR investors in 2021 as home appreciation in those cities jumped between 2019 to 2020. Other cities like Houston and Charlotte, N.C., have remained attractive.
Conclusion
All indicators of supply and demand show a bullish picture for homebuilding, home rehab and renting (SFR) and selling activities. There are secular trends that support this view, trends likely to last for several years. This should support prices of not only residences, but also infrastructure activities and construction materials, especially “heavy” materials used in large projects.
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We Promise You the Best
Our promise to you is giving you the BEST quality service. and experience you deserve. Quick Closing
We understand time is money in real estate and take pride in closing loans quickly and on time. |
Access to Funding
We specialize in providing hard money loans and long term loans to real estate investors nationwide. Profitability Calculation
We run every real estate deal through our deal calculator to ensure all deals are a win win situation for our investors. |