Park Place Finance

Your trusted hard money lender for your next investment property.

PLATINUM LENDER

Fix & Flip, Ground Up

Virtual Inspections allowed on:Fix & FlipGround Up

Loan Close Time: 3-5 days

Overview

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.

Draw & Construction Process

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!

Best For
Loan Programs

Park Place Finance specializes in residential real estate and can fund various properties including:

  • Single Family Homes
  • Duplex, Triplex, Quadplex
  • Townhouses
  • Spec Homes

Park Place Finance eliminates junk fees and has straight-forward pricing when it comes to fees associated with closing your loan.

  • Document Preparation Fee – $1,995.00
  • Legal Fee/Recording – $695.00
  • Appraisal: TBD

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!

  • Loan Application
  • Purchase Contract (If Purchase)
  • REO Schedule (Experience)
  • Property Insurance
  • Identification and Borrower Entity Docs
  • Construction Budget
  • Appraisal
  • Building Plans
  • Permits (if applicable)

Park Place Finance specializes in residential real estate and can fund various properties in 47 States, with the following Investment Property Types:

  • Single Family Homes
  • Duplex, Triplex, Quadplex
  • Condominiums
  • Townhouses

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:

  • Purchase Contract (If Purchase)
  • Rehab Budget
  • Last 2 Bank Statements
  • Property Insurance
  • Driver’s License
  • LLC / Entity Docs (if in LLC)
Resources

Legal / Disclosures