Loan Close Time: 3-5 days
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 performs loan servicing and construction management in-house, which the company says lets it give responsive attention and keep projects moving. For fix and flip and rehab loans, construction and rehab funds are provided as a reimbursement after work has been completed, rather than advanced upfront, and the borrower must provide a budget and receipts.
For rehab budgets over $10,000, Defiance Capital uses an independent third-party inspection company to visit the project and document progress with photos before funds are released. Rehab projects that involve demolition to the studs also require builders risk insurance.
Defiance Capital is a private lender offering business-purpose real estate loans, focused on the greater Tulsa and Oklahoma City markets. Its programs include:
Short-term financing that can include both purchase money and construction funds for renovation projects and quick closings.
Purchase money and rehab funds for buy, rehab, rent, and refinance strategies, including multifamily properties and vacation rentals.
Short-term funding for wholesalers closing with a double escrow.
Rental financing with 30-year amortization, no tax returns required, an interest-only repayment option, and a fee discount for existing Defiance Capital bridge loan clients.
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.
