VestorCorp Financial is a Private Lending Institution serving investors all across the US. We love Texas deals but we can service anywhere in the contiguous 48 states.
By combining our decades of construction background and expertise with our high level of customer service and market analysis we are here to partner with you on your next real estate venture. Whether you are new to investments or you are the most seasoned pro we have you covered from start to finish. We offer creative financing to service all your needs including single family purchases up to $5MM. Commercially, we can handle short doc >5MM projects with on-site evals and comps, and <5MM projects with full appraisals and long doc loan packages.
We can close in 15-30 days depending on the deal structure.
Fast, Friendly, and Funded! VestorCorp makes the lending process as EASY as 1..2..3..
Simply Call us at (945) 600-5363 or to make it easier (945) 600-LEND, or contact us on the forms below!
Starting Rates from 9%
3 - 5% Origination
90% LTC | 70% LTV
1 - 4 Units
12 - 18 Month Terms
Starting Rates from 9%
3 - 5% Origination
Fund as much as $5,000,000
Up to 50 units
12 - 24 Month Terms
Starting Rates from 9%
3 - 8% Origination
65% - 75% LTV
12 - 24 Month Terms + Renewal
One of the unique options that sets us apart from most lenders is our proven track record and the ability to successfully GC your individual project.
We house a seasoned General Contractor that can perform the rehab at any amount we approve as your construction budget, ensuring your project is completed on time, and within budget. If you just want to invest and flip, but not deal with the construction, we can handle the construction side. Once you close, you simply hire our Contractor for you project, and follow the same draw process you would if you shopped your own contractor. A good General Contractor is hard to find.
One special aspect of our group is that anytime you feel dissatisfied with your GC, and formally terminate your contract with them, as long as you are current on your loan, your current draw requests match your inspections, and pass a lien audit on the property, our General Contractor can immediately assume your project and get you on track.
A popular choice for many of our borrowers. This type of loan is a simple financing option for real estate investors and entrepreneurs who want to buy, renovate, and resell properties. We offer financing on up to 80% of the purchase price and 100% of rehab. This type of funding works best for light to medium rehab projects (1-4 units)
12-18 month terms
Interest rates starting at 9%
3-5 points on origination
85% max LTC (Loan To Cost) | 65% max LTV (Loan To Value)
Multi-family isn’t for the faint of heart, but for investors looking to capitalize on adding value, stabilizing, and refinancing or selling the asset. We are here to make your visions a reality.
We offer terms as long as 2 years with proven multi-family experience.
We finance up to 50 units (We have financed more with proven borrower experience and on a case-by-case basis.)
We fund as much as $5,000,000.00 toward the project. (All projects considered.)
We understand time kills all deals, and loss of opportunity. We can close in 15-30 days, with low doc loans >5MM.
Origination Fees starting at 3%, and service rates as low as 8%. We won't be beat on the cost of business.
Fix/ Flip, Bridge, Conversion, Office, Studio, Apartments, and Developments, and Assisted Living all fall under our Umbrella.
Commercial Loans can take longer to fulfill. We offer 12,18, and 24 month long loans.
Our Sweet Spot on commercial loans are 65%-75% LTV.
We are not your typical lender. We have been through the lending process many times over and created our loan process tailored to investors and developers just like us. We know people! Here we focus on the quality of who we do business with and pride ourselves on helping our borrowers scale and grow their business at their pace.
VestorCorp Financial has over 35 years of combined investment and construction experience. We service all aspects of our lending completely in house. From underwriting, funding, to servicing your draws we are with you every step working to create flexible funding that fits your every need.
A hard money loan is simply a short-term loan secured by real estate. They are funded by private investors (or a fund of investors) as opposed to conventional lenders such as banks or credit unions. The terms are usually around 12 months, but the loan term can be extended to longer terms of 2-5 years. The loan requires monthly payments of only interest or interest and some principal with a balloon payment at the end of the term.
The loan amount the hard money lender is able to lend is determined by the ratio of the loan amount divided by the value of a property. This is known as the loan to value (LTV). Many hard money lenders will lend up to 65 – 75% of the current value of the property. Some lenders, like ourselves, will lend based on the after repair value (ARV) which is the estimated value of the property after the borrower has improved the property. This creates a riskier loan from the hard money lender’s perspective because the amount of capital put in by the lender increases and the amount of capital invested by the borrower decreases. This increased risk will cause a hard money lender to charge a higher interest rate or increase the amount of the down payment the borrower puts towards the purchase of the property.
TV is a representation of the ratio between the amount borrowed and the value of the asset against which the loan is made. If a Salt Lake City property was worth $100,000 and the lender provided $75,000, the LTV would be 75%. Note that LTV can be influenced by subordinate positions – meaning additional liens on the same property.
Points are assessed as a means of covering the costs of making a loan. One point is equal to 1% of the total amount being borrowed.
Equity is the net amount of ownership in property, calculated by the current value of the asset minus all debts on the property.
Down Payment is the amount equal to the purchase price minus loan principal. The borrower usually pays the down payment out of his/her own pocket.
Closing costs are the cost a borrower must pay to get a loan. Every time a loan is created, there are several parties that play a role in the process all of who will require payment to complete the transaction. These fees are paid at the close of the transaction. These fees will usually include lenders fees, Title insurance & Escrow fees, Attorney fees, Recording fees, Taxes, and Property insurance.
Founder and CEO
Hard Money Loans the way YOU need them. Fast, efficient, and able to move at the speed of business. Our typical fees include 3-5% origination fees, $495 processing & doc prep fees, and $6-800 appraisal fees. (Appraisal fees based on speed of appraisal)
We offer competitive rates and terms with rates ranging from 3-5% origination and 9-12% interest.
Our background in construction and our ability to manage projects fast and efficiently allow us to provide a unique experience to any of our borrowers. Need a GC for your next project? You can hire our team like any other GC, and work through the borrower process the same as any other, but with the knowledge that your project is in good hands and your project will run smoothly.
We offer 12-24 month maturity on all our loans.
Our max LTV doesn’t exceed 65% and/or 80% LTC. (Exceptions can be made on a case-by-case basis.)
Absolutely. We typically fund 100% of construction/ rehab and 80% of the purchase price.
We aim to fund our loans within 15-30 days of receiving all required paperwork, but can fund sooner depending on appraisals, etc.
We, like most lenders, like to see qualified borrowers with like-borrowing experience for the project they are applying for. However, with our construction background we have helped many seasoned contractors and tradesmen make the journey from contractor to investor. We also work with first time investors that have a certain amount of liquidity and we can often serve as the General Contractor for you and help make sure you avoid the pitfalls that new investors tend to encounter.