PLATINUM LENDER
If you’re a builder or real estate investor, you understand the frustration and hardship lenders can have on your business. When funds aren’t ready at closing, a deal can fall through. If a draw payment isn’t made on time, your subcontractors get frustrated and might walk off of the job.
Loan Mountain Capital was built by homebuilders and real estate investors to offer a lending experience above the rest. When you partner with Loan Mountain, you won’t get stuck talking to a banker. When you call, you won’t be sent to voicemail. You’ll connect with local people who understand your business and are here to help you tackle the real challenges you face on every project.
Loan Mountain Capital markets fast fundings and draws as a way to help borrowers win more deals and finish projects faster, and it says it will pay some contractors directly. Beyond that, though, the company does not publish the specifics: there is no stated draw request method, inspection type (physical or virtual), per-draw turnaround, or draw schedule on its site, though a borrower testimonial references a reliable app that speeds the process.
Loan Mountain is very specific, it advertises a 10-minute pre-approval, approval and terms in 24 hours, a term sheet within one business day, and a 24-hour close. As a relationship lender affiliated with Loan Ranger Capital, it works closely with experienced flippers and builders. Investors who need a defined draw turnaround should confirm the process, inspection method, and funding speed directly with Loan Mountain before closing.
Loan Mountain Capital is a private hard money lender based in North Carolina, in the Charlotte area, offering senior-secured first-lien fix and flip, bridge, new construction, and rental loans to experienced flippers and builders.
• Fix and flip and bridge loans from $50,000 to $5M, on 6 to 12 month terms.
• New construction loans from $50,000 to $5M, on 9 to 18 month terms.
• Rental loans on 2 to 8 unit property, for single-family and 2 to 20 unit multifamily, with no credit requirement.
• Loan Mountain does not publish LTV, LTC, or ARV percentages. Instead, borrowers get terms through its custom LMC Estimator, with a term sheet promised within one business day.
Loan Mountain Capital, LLC is a private hard money lender based in North Carolina, in the Charlotte area, offering senior-secured first-lien bridge, new construction, and rental loans to experienced flippers and builders for real estate investment purposes. It is a relationship lender affiliated with Loan Ranger Capital, LLC.
