PLATINUM LENDER
Loan Close Time: 3-5 days
We are your nationwide direct lender, funding your investment properties in a matter of days. As your private lender, we fund Fix and Flip, Bridge, DSCR, and New Construction loans. Investors benefit from same day approvals and competitive rates.
Our draws are generally reimbursed in 3-5 business days from the time of request. If you are using our draw app, you may receive them in as little as 24 hours. To make sure your draws are on time, you must be current on your loan. We pay draws on a reimbursement basis only based on your rehab budget and work completed on the property, so no receipts are necessary!
Park Place Finance specializes in residential real estate and can fund various properties including:
Park Place Finance eliminates junk fees and has straight-forward pricing when it comes to fees associated with closing your loan.
To close a Ground Up Construction Loan at Park Place, there are a few basic items that you will need to submit to our team. Below is a general list of some of the requirements. Once you apply, you will receive a document portal for easy upload!
Park Place Finance specializes in residential real estate and can fund various properties in 47 States, with the following Investment Property Types:
You’ll love the ease of closing with Park Place Finance, because of our common sense underwriting. No Tax Returns, No Income Verification, and No Debt Ratio to Qualify! To speed up the process, here’s the main items you’ll need to gather:

Ratings are based on the following criteria:
Platinum & Gold Lenders
Platinum and Gold lenders are committed to delivering a modern, streamlined draw experience. These lenders typically support fully digital draw requests combined with virtual inspections across a wide range of project types. Their goal is to provide the fastest possible turnaround times without compromising risk management or construction oversight.
Silver & Bronze Lenders
Silver and Bronze lenders are still strong lending partners and have automated portions of their draw operations. However, the borrower experience may vary depending on the project type, inspection method, or capital partner requirements. In some cases, additional approval layers or third-party capital sources can increase reimbursement timelines.
About Virtual Inspections
Virtual inspections allow borrowers to skip scheduling a field inspector. They are typically reviewed within hours of submission. Borrowers must still document work thoroughly, including cost evidence (receipts) and lien waivers where applicable. Every lender listed on Lenderly offers virtual inspections and automated draw requests. The majority utilize independent construction experts for remote review, or they review submissions in house.
A draw-friendly lender is one that prioritizes speed, simplicity, and reliability when it comes to funding your project. They make it easy to request draws, minimize friction in the process, and get you reimbursed quickly so your project keeps moving.
The best draw-friendly lenders combine digital draw request tools with virtual inspections, allowing you to submit, verify, and receive funds often within 24 hours.
By comparison, traditional timelines can slow you down:
Every lender featured here offers a streamlined, digital draw process and supports virtual inspections for at least some of their loan products, helping you access capital faster and with far less hassle.