LOAN CRITERIA

The Process

Our Loans are based on the actual asset. The asset is appraised on a after-repair and as-is value by a BPO and / or an appraisal. We lend up to 75% of after-repair value.

We will evaluate the project and experience of the investor and see if it fits our company’s guidelines.

The investor can be pre-approved in as little as one day, and closing can occur in as little as five.

After someone is pre-approved, they can access and fully complete the application online and upload all necessary paperwork.

Loan Programs



Fix and Flip

These business loans are for investors who want to add value to an existing property, either commercial or residential. Our process is streamlined and can be closed in as fast as five days. We also fund up to 100% of construction costs based on an as is work completed basis and disburse draws in as little as 48 hours.



Residential for Rent Loan

These business loans are for investors who want to acquire real estate for their rental portfolio. We also can rate and term or cash-out refinance existing real estate holdings into our rental program. This is a 30 year amortized loan for residential properties that are 1 – 4 units.



Transactional Financing

This loan program is geared towards wholesalers. This is for the real estate investor who flips contracts and needs someone to fill the void of the A2B Transaction so they can complete the B2C transaction with the end buyer.

Borrower Levels

Regardless of your of experience, Coastal Equity Group has a loan program suitable for you. While Novices can access funds at reasonable terms, return Borrowers can leverage past successes with lower rates and higher loan to value ratios.

Novice

For people who have just started their investment career in real estate and have funded and finished two or less deals with Coastal Equity Group.

80% of purchase price funded
90% of rehab price funded
70% of Total Loan of After Repair Value

Intermediate Program

For people who have had at least three projects funded with Coastal Equity Group and are ready to take real estate investing to the next level.

85% of purchase price funded
90% of rehab price funded
70% of Total Loan of After Repair Value

Advanced

For people who have had five projects funded with Coastal Equity Group and ready to take on multiple projects on at the same time.

90% of purchase price funded
95% of rehab price funded
72.5% of Total Loan of After Repair Value

Expert

For people who have had seven projects funded with Coastal Equity Group and ready to take make real estate investing their main focus.

90% of purchase price funded
100% of rehab price funded
75% of Total Loan of After Repair Value