Your credit score shouldn't dictate your real estate success. We lend on equity.
A past financial hiccup shouldn't prevent you from capitalizing on a great real estate deal. Traditional lenders place a heavy emphasis on FICO scores, routinely denying loans to investors with past bankruptcies, foreclosures, or simply low credit scores.
Fidelity Funding takes a different approach. As an asset-based lender, our primary focus is the collateral. If the property has strong equity and the deal makes sense, we can look past credit blemishes.
We provide a bridge for investors to acquire, stabilize, or rehab properties. Once the asset is performing, many of our borrowers are able to refinance or sell, improving their financial standing in the process.
Bring us your tough scenarios. We specialize in finding common-sense solutions for investors who have been turned away by conventional channels.
Yes. While a higher score can secure better terms, we frequently fund deals for borrowers with scores below 600 if the property equity and deal metrics are strong.
Yes, we can lend to borrowers with past bankruptcies. We will look at the circumstances and the current strength of the real estate asset.
Credit can be a pricing factor, but LTV and the property's cash flow/ARV are the primary drivers of our interest rates.
We primarily lend to business entities (LLCs, Corporations), so these loans typically do not report to your personal credit profile, protecting your DTI.
Existing tax liens will generally need to be paid off or subordinated through the escrow process in order to secure our first-lien position.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT