DOWN PAYMENT FINANCING

NO income verification.
NO financial documents needed.
Perfect for both seasoned and first-time buyers.
Finance the down payment and/or closing costs.
NO upfront fees!

Real Estate Down Payment Financing

Down Payment | Closing Costs | Renovations

Here at FundingPilot we offer a unique solution for real estate buyers seeking financing without the hassle and uncertainty of traditional lending. The real estate Down Payment Financing Assistance Program is specifically designed for real estate buyers who are seeking to finance the down payment, closing costs, appraisal, renovations, and just about any other fee incurred when purchasing a property. This program offers a hassle-free experience to access credit without having to worry about the time, costs, and documentation requirements often associated when getting a mortgage, loan, or home equity line of credit.

 

The true beauty of this program is that there's no income verification, no financial documentation, and is 100% unsecured which means there is no collateral requirement and is not tied to the property. Also, since these credit lines do not report to your personal credit report it will not affect future financing transactions, such as getting a mortgage.

 

Because of this flexibility it comes as no surprise that our most popular clients include real estate investors of all sizes. Whether seeking to fix and flip, or fix and hold, this program allows investors to have open credit lines to make repairs or improvements not only for current projects, but future projects as well. To apply please complete the Down Payment Financing Pre-Approval Form or email us directly at support@fundingpilot.com or by calling us directly at 888-460-4518.

 

Whether you were turned down in the past due to the property type being ineligible, LTV was too high, DTI / DSCR was too high, or qualifying income was too low, the Stated-Income Business Line of Credit bypasses all of those major obstacles and lets you stay on track to accomplish your fix & flip goals.

As always, it's important to first know whether the basic lending criteria matches your scenario. Please refer below for an overview of the Real Estate Investor Business Line of Credit:

 

REAL ESTATE INVESTOR LINES OF CREDIT:

  • Credit Lines: $10,000 - $250,000

  • 0% interest for first 6 – 24 months

  • After introductory period ends, rates start as low as 5.99%

  • If you have a 680+ FICO, no co-signer is required

  • If your credit score is between 400 – 679 FICO, a co-signer will be required and must have a 680+ FICO. The co-signer does not need to be affiliated to the business.

  • Upfront Fees: None

  • No income verification

  • No financial documentation required

  • No collateral required, this is an unsecured program

  • All type of real estate investors are eligible

  • Credit lines WILL NOT report to your personal credit report

  • Business must be active for a minimum of 1 day

  • Must have a legal US entity with Tax ID (LLC, Corporation, Partnerships, etc.)

LENDING GUIDELINES

​Line Amounts:          

Interest:                    

Payments:                

Type of Account:      

Territory:                   

Entity Type:              

First-Time Flip?:       

Time in Business:    

680+ FICO:              

Under 680 FICO:     

Verify income?:        

Verify financials?:     

Collateral?:               

Credit Reporting:     

Pre-Approval Time:         

$10,000 - $250,000

0.00% first 6-24 months

Monthly

Open

Nationwide

Active (US Only)

Eligible

1+ day

No co-signer required.

Must have co-signer

No

No

No

No

1 business day

ADDITIONAL LENDING PROGRAMS

Loan Amounts: $10,000 - $500,000

Terms: 3 months - 10 years

Repayment: Fixed

Collateral requirement: N/A

Credit Needed: 680+ FICO

Approval Time: 24 hours

Time to Fund: 2 - 5 days

Unsecured Business Loan

Secured Business Loan

Loan Amounts: $1,000 - $5,000,000

Terms: 6 - 36 months

Repayment: Fixed

Collateral requirement: YES

Credit Needed: No credit score requirements

Approval Time: 24 hours

Time to Fund: 3 - 10 days

Startup Business Loan

Loan Amounts: $5,000 - $250,000

Terms: 3 months - 10 years

Repayment: Fixed

Collateral requirement: N/A

Credit Needed: 680+ FICO

Approval Time: 1 days

Time to Fund: 1 - 2 days

Merchant Cash Advance

Loan Amounts: $10,000 - $500,000

Terms: 3 - 36 months

Repayment: Fixed

Collateral requirement: N/A

Credit Needed: 680+ FICO

Approval Time: 24 hours

Time to Fund: 1 - 3 days

Asset-Based Business Loan

Loan Amounts: $250,000 - $20,000,000

Terms: up to 30 years

Repayment: Fixed

Collateral requirement: YES

Credit Needed: No credit score requirements

Approval Time: 24 hours

Time to Fund: 3 - 10 days

We're the best at what we do for a reason...

FLEXIBILITY. No more needing to go from bank to bank trying to find small business loans, we cover it all. Whether your credit is strong or poor we have business lending programs to meet your capital needs.

FOCUS. We're 100% focused on small business owners like yourself. We deliver results nationwide and have funding specialists available 6 days per week.

SPEED. We save you lots of time when looking for a small business loan. You answer a few questions and we show you your options. We make getting a small business loan simple and fast.

TRUST. We take care of you every step of the way. Our business lending advisors believe in your business and care about your success. It’s an experience you’ll tell your friends about, guaranteed! Did we mention our A+ rating with the Better Business Bureau?

$794,000 FUNDED!

When a manufacturing company in Pennsylvania needed to meet a large purchase order request they needed funding quickly to meet their demand. Within a matter of 5 business days they were funded and are continuing to leverage our business lending programs to further grow their successful business.

LOAN TYPE: Asset-Based Loan

$28,600 FUNDED!

When a local bakery / cafe was in need of some working capital FundingPilot was able to step in and get their business $28,600 in under 48 hours!

LOAN TYPE: Merchant Cash Advance

$225,000 FUNDED!

Mark & Samantha needed to renovate their location but couldn't qualify for a commercial renovation loan, nor most business loans due to credit score blemishes. By using an investment property they owned as collateral we were able to fund them $225,000 in 9 days.

LOAN TYPE: Secured Business Loan

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