We provide gap financing to purchase rental properties and complete renovations, giving you the flexibility to place a great tenant in the home before securing long-term bank financing. The application process is very similar to that of a fix-and-flip loan, but it also includes an analysis of potential rental income.
No Junk Fees. No Exit Fees. Our pricing has four components. That’s it.
Areas of Coverage: Maine, Massachusetts, New Hampshire, Pennsylvania, Maryland, North Carolina, South Carolina, Georgia, Alabama, Florida
Total Loan amount = $500,000
Funded at 100% LTV
ARV = $580K
* Used other collateral to fund 100% of purchase price
Total Loan Amount = 477,000
Funded at 76% LTV
ARV= $700,000
* Funded 95% of purchase price for repeat borrower
Total Loan Amount = $1,150,000
Funded at 96% LTV
ARV = $2,109,000
* Used other collateral to fund 95% of the purchase price
The Noble Group’s private lending gives you fast access to capital so you can buy, renovate, and sell
properties without the delays of a bank or larger private lenders.
Most flips can be funded in 7–10 business days, sometimes faster. This speed allows you to make
stronger, “cash-like” offers that beat out buyers relying on banks or other larger private lender’s
financing.
Typically, 10% plus third-party fees, such as attorneys, property insurance, title insurance, etc.
Yes. We fund both the purchase and rehab budget. Renovation draws are released in stages for completed work. We do not require a third-party inspector, which saves you money and time, and keeps your project moving smoothly!
• Loan term: Typically 12 months.
•Loan-to-Value: Up to 80% of ARV
• Interest rate: 12% – 13% (deal specific)
• Payments: Interest-only during the loan term.
• Minimums: 90-day interest collected, $2,500 origination fee, and $100k + projects.
No, but we like to see a score of at least 625.
• Single-family homes
• Townhomes, condos
• Small multi-family (duplex, triplex, quad)
• Light fix & flip projects or full gut rehabs
Yes. We work with both new and experienced investors. First time investors may need slightly more money down, a business partner, or show experience in the trades, but we’re here to help you structure the deal and set you up for success.
Life (and construction) happens. Extensions are available if you need more time — just let us know before your loan matures so we can plan accordingly.
