### Grow your real estate investing business with **fast**, **reliable**, **low cost ** capital.
## Today's terms

Loan Type	Rate	Points	Term
DSCR ("Rental")	7% - 8.5%	0.5 - 2	30 year
Fix & Flip ("Bridge", "Hard Money", "RTL")	10% - 12%	1 - 2	6 - 18 months
Ground Up Construction	10% - 12%	2 - 3	18 months

## Instant Quote and Pre Approval
Get an **[instant quote](https://www.offermarket.us/loans)** for your next purchase or refi. If you're in the market for a DSCR loan or Fix and Flip loan, you've come to the right place. Once you submit your loan request, our expert team will confirm the best available terms. You can review your loan request with your dedicated relationship manager who will guide you through our loan programs and simple online processing.
## Your Go-To Private Lender

	OfferMarket	Other Private Lenders
Interest rate	Lowest in industry	Uncompetitive
Origination fee	0.75% to 2%	2% to 4%
Junk fees	Never	Common
Time to close	Fast	Slow
Quoting	Instant	Slow
Transparency	High	Low
Service	Excellent	Poor
Processing	Online, automated	Manual

### Competitive Terms
Access the most competitive and reliable single family and multifamily **fix and flip bridge loans** and **DSCR rental loans**.
Every time you request a quote from OfferMarket Capital, we provide you with **our best possible terms**. No negotiation. No time wasted. No question in the back of your mind if you could have gotten a better term sheet. If our terms aren't superior, then we don't deserve your business and we look forward to the opportunity to earn it on your next transaction.
### Professional Service
Your real estate investing goals demand reliability and a high standard of service. We are committed to setting clear expectations, communicating clearly, and taking care of your transaction in a timely and professional manner.
## Fix and Flip Loans
Also known as "hard money", "fix and flip", "fix & flip", "fix n' flip", "rehab loan", "renovation loan" and "rent flip", bridge loans allow you to purchase a property that needs to be rehabbed with up to 100% towards the purchase price and up to 100% towards the rehab budget. We do not like to refer to these loans as "fix and flip" because they are commonly used by rental property investors who buy a property in poor condition, rehab the property, rent the property, and cash out refinance the property into our DSCR rental loan. This is the BRRR method of real estate investing and cost effective bridge loans are a critical component of this strategy. Read about [BRRR Loans: Fix and Flip Loan to DSCR Loan Strategy](https://www.offermarket.us/blog/brrr-loans-bridge-loan-to-dscr-rental-loan-growth-strategy)
Our [Fix and Flip Loan Interest Rate Index](https://www.offermarket.us/blog/bridge-loan-interest-rate-index) tracks the prevailing interest rates and fees from private lenders across the United States. See how OfferMarket's bridge loan terms compare:

Guidelines:	Single Family Bridge Loans
Interest Rates	get instant quote
Origination Fees	1 to 2 points (% of loan amount)
Property Types	Single family (1 - 4 units), townhomes, PUD, warrantable condos
Loan Amounts	$50,000 - $25,000,000
Maximum LTV, ARV	75%
Maximum Loan To Cost	up to 100% of purchase and 100% of rehab
Term Length	up to 18 months
Minimum Guarantor FICO	575
Ownership	LLC or Corporation
Recourse	Full recourse

## Multifamily Bridge Loan

Guidelines:	Multifamily Bridge Loan
Interest Rates	get instant quote
Origination Fees	1 to 2 points (% of loan amount)
Property Types	5+ unit and mixed use
Loan Amounts	$500,000 - $25,000,000
Maximum LTV, ARV	75%
Maximum Loan To Cost	Purchase: 80% of As-Is Value and 100% of rehab, Refinance: 75% of As-Is Value and 100% of rehab
Term Length	up to 24 months, with 6-month extensions
Minimum Guarantor FICO	680
Ownership	LLC or Corporation
Recourse	Full recourse, Limited recourse

## DSCR Loans
Our DSCR loans are designed for rental property investors who want competitive, transparent and reliable funding based on debt service coverage ratio, credit score and investing experience. Use our [DSCR Calculator](https://www.offermarket.us/tools/dscr-calculator) to determine your maximum loan amount.
Our [DSCR Loan Interest Rates Index](https://www.offermarket.us/blog/dscr-loan-interest-rate-index) tracks the prevailing interest rate and fees from private lenders across the United States. See how OfferMarket's DSCR loan terms compare:

Guidelines:	Individual DSCR Loans
Interest Rates	get instant quote
Origination Fees	0.5 to 2 points (% of loan amount)
Property Types	Single family (1 - 4 units), townhomes, PUD, warrantable condos, eligible mixed use
Loan Amounts	$65,000 - $2,000,000
Loan Types: Fixed Rate Mortgage	30 year (fully amortizing)
Loan Types: Adjustable Rate Mortgage	5/6, 7/6, 10/6 hybrid ARM (partial interest only or fully amortizing)
Maximum LTV for purchase or rate term refinance	80% LTV
Maximum LTV for cash out refinance	75% LTV
Maximum Loan To Cost if owned less than 3 months:	80% of total cost basis
Maximum Loan To Cost if owned 3 - 6 months:	5% haircut on max LTV
Minimum Guarantor FICO	660
Ownership	LLC (preferred), Corp, Personal (requires exception)
Recourse	Full recourse
Minimum DSCR	1.1
Leased Units DSCR	Lower of in-place rent and market rent
Vacant Units DSCR	90% of market rent (purchase loans only)

## Blanket Portfolio DSCR Rental Loans

Guidelines:	Blanket Portfolio DSCR Loans
Interest Rates	get instant quote
Origination Fees	0.5 to 2 points (% of loan amount)
Property Types	Single family (1 - 4 units), townhomes, PUD, warrantable condos, 5-20 unit properties
Loan Amounts	$150,000 - $ 50,000,000
Loan Types: Fixed Rate Mortgage	5, 10 and 30 year (fully amortizing)
Loan Types: Adjustable Rate Mortgage	5/6, 7/6, 10/6 hybrid ARM (partial interest only or fully amortizing)
Maximum LTV for purchase or rate term refinance	80% LTV
Maximum LTV for cash out refinance	75% LTV
Maximum Loan To Cost if owned less than 3 months:	80% of total cost
Maximum Loan To Cost if owned 3 - 6 months:	5% haircut on max LTV
Minimum Debt Service Coverage Ratio (DSCR)	1.1
Minimum Guarantor FICO	680
Ownership	LLC (preferred), Corp, Personal (requires exception)
Recourse	Non-recourse with bad boy carveouts and pledge of equity
Lease Requirement	Minimum occupancy rate of 90% by unit count

## Multifamily Term Loans

Guidelines:	Multifamily Term Loans
Interest Rates	[get instant quote](https://www.offermarket.us/loans)
Origination Fees	1 to 2 points (% of loan amount)
Property Types	5 to 20 unit residential, eligible mixed use
Loan Amounts	$150,000 - $5,000,000
Loan Types: Fixed Rate Mortgage	30 year (fully amortizing)
Loan Types: Adjustable Rate Mortgage	5/6, 7/6, 10/6 hybrid ARM (partial interest only or fully amortizing)
Maximum LTV for purchase or rate term refinance	70% LTV
Maximum LTV for cash out refinance	65% LTV
Minimum Guarantor FICO	680
Ownership	LLC (preferred), Corporation
Recourse	Full recourse or non-recourse with [bad boy carveouts](https://www.offermarket.us/real-estate-glossary/bad-boy-carve-outs) and [pledge of shares](https://www.offermarket.us/real-estate-glossary/pledge-of-shares)
Minimum Debt Service Coverage Ratio (DSCR)	1.25
Lease Requirements	Minimum occupancy rate of 90% by unit count
Leased Units DSCR	Lower of in-place rent and market rent
Vacant Units DSCR	90% of market rent (purchase loans only)

## Ground Up Construction

Guidelines:	Ground Up Construction
Interest Rates	[get instant quote](https://www.offermarket.us/loans)
Origination Fees	2 to 3 points (% of loan amount)
Property Types	Single family (1 - 4 units)
Loan Amounts	$50,000 - $2,000,000
Maximum LTARV	70%
Maximum Loan To Cost	65% of land Purchase Price (unpermitted) 80% of land Purchase Price (permitted) 100% of construction budget
Maximum Loan To Cost (total)	85%
Term Length	up to 18 months
Minimum Guarantor FICO	620
Recourse	Full recourse
Ground Up Experience	3+ verifiable ground up projects 2 verifiable ground up projects + GC or builders license 2 verifiable ground up projects + extensive rehabs

## Investment Property HELOC
**Status:** this program is currently ON HOLD due to volatility in the debt capital markets.
Tap into your investment property's equity with our **Floating Rate Investment Property HELOC** or our **Fixed Rate Investment Property HELOC**. This is a home equity loan on a rental property.

Guidelines:	Floating Rate Investment Property HELOC
Interest Rates	contact for quote
Rate Type	Floating
Minimum Line Amount	$50,000
Maximum Line Amount	$500,000
Property Types	Single family (1 - 4 units)
Maximum CLTV	90% (680+ FICO), 80% (640 - 679 FICO), 60% (620 - 639 FICO)
Income Verification: Salaried Employee	W2, 2 Years Tax Returns
Income Verification: Self Employed	2 Years Personal and Business Tax Returns, YTD P&L and Balance Sheet through most recent ended quarter
Personal Debt To Income	50% or 45% based on credit score and income
Additional requirements	approval from first lien lender, existing appraisal review, limited or full appraisal subject to loan amount and underwriter review
Intelligible Senior Liens	loans in active forbearance or deferment negative amortization balloon where payment becomes due during the amortization period of our new 2nd lien reverse mortgages private mortgages opened within the past 12 months
Seasoning	owned less than 6 months => lower of the purchase price or appraised value, owned 6+ months => appraised value
Prepayment Penalty	None
Borrowing Entity	Personal Name (no LLC)

Guidelines:	Fixed Rate Investment Property HELOC
Interest Rates	contact for quote
Rate Type	Fixed
Minimum Line Amount	$25,000
Maximum Line Amount	$500,000
Property Types	Single family (1 - 4 units)
Maximum CLTV	90% (680+ FICO), 80% (640 - 679 FICO), 60% (620 - 639 FICO)
Income Verification: Salaried Employee	W2, 2 Years Tax Returns
Income Verification: Self Employed	2 Years Personal and Business Tax Returns, YTD P&L and Balance Sheet through most recent ended quarter
Personal Debt To Income	50% or 45% based on credit score and income
Additional requirements	approval from first lien lender, existing appraisal review, limited or full appraisal subject to loan amount and und

DSCR ("Rental")

Fix & Flip ("Bridge", "Hard Money", "RTL")

Ground Up Construction

606 N Dearborn St, Indianapolis, IN 46201, USA

Photos of the property