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LENDING
Simplestate offers access to private short-term hard money loans to help fund your next real estate investment. Our approval process is quick and efficient, have an approval for your project within as little as 24 hours.
HOW DO WE COMPARE?
SIMPLESTATE LENDING vs OTHER LENDERS
FEES
APPROVAL
TIME
CLOSING
TIME
LENDING
POWER
CREDIT
CHECK REQUIRED?
APPRAISAL
REQUIRED?
$0
24-48 HOURS FROM TIME OF REQUEST
AS LITTLE AS
24 HOURS FROM APPROVAL
100% OF
PURCHASE PRICE
NO
NO
OTHER HML LENDERS
2%-6%
UP TO 1 WEEK
2 WEEKS FROM APPROVAL
80% OR LESS OF PURCHASE PRICE
YES
YES
BANKS
2%-5%
1 - 2 WEEKS
30-60 DAYS FROM APPROVAL
80% OR LESS OF PURCHASE PRICE
YES
YES
WHERE DO WE FUND?
LLCs and other corporate organizations may access financing if borrowing in the following states:
Nebraska
Iowa
Colorado
Missouri
Kansas
Utah
Kentucky
Arkansas
*Contact us if you're interested in borrowing in a state not listed!
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NEW LOAN APPLICATION
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