We’re not your average hard money lender. We’re real estate investors, just like you and we built FasterFunds Lending to serve the St. Louis investing community with strong relationships, providing fast funding and friendly customer service.
FasterFunds Lending was founded in 2015 by Bryan Schroeder and Suzanne Luther. Together, they bring over 30 years of real estate investing experience. From the start, our business has been built on quality relationships with local investors in the St. Louis area. Because our team lives and works in St. Louis, we understand the market inside and out. That local insight allows us to serve our borrowers with confidence.
Since 2015, we’ve funded more than 1,600 loans totaling over $220 million. Unlike many lenders, we walk every property in person, giving us the opportunity to meet you face-to-face, talk through the deal and make sure your plan/ numbers make sense.
FasterFunds Lending runs its draws in house through the Sitewire app, with no third-party field inspectors. Instead of scheduling an outside inspection, the borrower submits each draw request by taking the required photos and videos directly in the app. Once the request, photos, and any required documents are in, FasterFunds typically completes its review within three business days, and it reviews, approves, and cuts checks within one to three business days. Required documentation includes lien waivers for labor, W9s when FasterFunds pays contractors directly, and invoices for contractors paid over $10,000. This app-based, photo-and-video verification is effectively a virtual draw process and it is a strong fit for local St. Louis investors who want to avoid waiting on a third-party inspector to visit the site.
FasterFunds Lending is a local hard money lender serving the St. Louis metro on the Missouri side, offering short-term, business-purpose loans to rehabbers, landlords, and wholesalers on non-owner-occupied property.
• Leverage: financing up to 100% of cost and up to 75% of after-repair value (ARV).
• Fix and flip loans for rehabbers on single-family and 1 to 4 unit property.
• Buy-and-hold and BRRRR loans for landlords, and short-term loans for wholesalers.
• Closings in 3 to 5 business days, with some loans funded in as little as 24 hours during peak season.
• As a local lender, FasterFunds occasionally extends into nearby Jefferson, Lincoln, and Warren counties for the right deal.
FasterFunds Lending is a local hard money lender headquartered in O’Fallon, Missouri, serving the St. Louis metro on the Missouri side, including St. Louis City, St. Louis County, and St. Charles County. It provides short-term, business-purpose loans for real estate investing to rehabbers, landlords, and wholesalers on non-owner-occupied property.
