GOLD LENDER
Greenwich Funding is a direct private lender headquartered in Fairfield, New Jersey, offering rapid and dependable real estate financing. The company provides both short and long term lending options, including fix and flip, new construction, DSCR, and bridge loans.
Greenwich Funding’s solutions are built on construction and lending expertise, with an emphasis on fast closings, smooth draw processes, and value for investors.
Greenwich Funding advertises 100% reimbursement on draws for both its fix and flip and new construction loans, and it describes fast closings paired with smooth draw processes. On a reimbursement structure like this, the borrower funds each stage of the rehab or build and is repaid in full for completed work, which keeps renovation and construction capital cycling back into the project.
Greenwich does not publish whether draw inspections are physical or virtual, or a specific per-draw turnaround, so both should be confirmed for a given project. On the front end, fix and flip loans are advertised to close in as few as 10 days. For rehabbers and builders, the combination of 100% draw reimbursement and up to 92.5% LTC on fix and flip is the core of the offering. Investors who need a defined draw turnaround should confirm it directly with Greenwich.
Greenwich Funding is a private real estate lender based in Fairfield, New Jersey, offering fix and flip, DSCR rental, new construction, and bridge loans to investors, with loans from $250K to $5M.
• Fix and flip: up to 92.5% loan to cost (LTC) and up to 70% of ARV, at 8% to 15% with 0 to 2 points, closing in as few as 10 days.
• New construction: up to 70% of after-repair value (LTARV) and up to 70% of purchase, at 9.99% to 16%.
• DSCR rental: up to 80% LTV, 30-year terms, at 6.99% to 9%.
• Bridge: up to 65% LTV, at 11% to 15%. A 660 minimum credit score applies, with no prepayment penalty and blanket loan and extension options.
Greenwich Funding is a private real estate lender based in Fairfield, New Jersey, offering fix and flip, DSCR rental, new construction, and bridge loans to real estate investors for real estate investment purposes. Its recent transactions span markets including Chicago, Austin, New York, and Asheville.
