With over 25 years of experience in both banking and real estate investing, we understand the fundamentals of a successful real estate investment and can help provide creative alternative lending solutions. We specialize in Tulsa real estate because we truly understand the market on a block by block level from our own investments.
If you’re looking for private money or hard money lending in Tulsa, OK, then Defiance Capital is your go-to company. By offering responsive service, we have been honored to receive referral business from our loyal clients. We provide thorough and transparent details about our lending process no matter your level of experience. We also enjoy providing our time to dive into during the process to assure you find the right opportunity to fit your goals.
We understand how irritating the lending process can be. Traditional banks can be slow and require additional time to satisfy all pre-close requirements. This is time that should be spent finding your next deal or getting your current project completed. Funding from family and friends might be an easy option, but can also be unpredictable and lead to awkwardness should the project not go as planned. Defiance Capital’s funding model allows the speed you need with the reliability that funding will be there when you need it.
Defiance Capital reimburses 100% of completed construction draws, it says most draws are funded within 24 hours on both new construction and fix and flip loans. Because it requires no appraisal on these short-term products, the front end moves quickly too: the company gives clear direction on most deals within 24 hours, approves in as little as two to three business days, and funds most loans in less than 10 business days, with some closing in as little as 24 hours.
Defiance does not publish whether draw inspections are physical or virtual, so that is worth confirming for a specific project. For rehab and ground-up investors, the combination of 100% draw reimbursement and a 24-hour funding target is the headline, and the no-appraisal underwriting is what makes those timelines possible.
Defiance Capital is a private real estate lender, co-founded in 2020, offering fix and flip, new construction, transactional, and 30-year DSCR loans to investors, with no appraisal required on its short-term products.
• New construction: up to 90% loan to cost (LTC) and up to 75% of after-repair value (ARV).
• Fix and flip: up to 75% of ARV, with rates starting as low as 9.99%.
• Transactional: up to 80% of ARV.
• DSCR 30-year rental loans, with rates possibly below 6% for well-qualified borrowers and portfolio loans up to $3M.
• All short-term loans skip the appraisal, and Defiance reports more than 750 loans funded and over $100 million in commitments to date.
Defiance Capital makes business-purpose real estate loans for investors. The company publishes a Terms & Conditions page and a Privacy Policy on its website. For its loans, a lender title policy is required, insurance coverage must be at least 120 percent of the loan amount, and builders risk insurance is required for rehab projects involving demolition to the studs.
