At Patch of Land, we can fund your first loan in as little as 7 days. Whether you’re looking for capital for a Fix & Flip, Rental, or Commercial property, we have a loan program to meet your needs. Once you’ve funded your first loan, faster approval times and more financing options can make the process even easier for future loans.
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Patch of Land Lending, LLC is the originator and lender of record that lends in more than 44 states. NMLS #1286539, California Finance Lender License 60DBO-45420; Oregon Mortgage Lender License #5384. Origination fees and other fees may apply. This is not an offer to lend. Any financing will be subject to certain restrictions and requirements, including but not limited to a credit evaluation and approval of the subject property. To qualify, a borrower must meet underwriting requirements. Not all borrowers will qualify and not all borrowers that qualify will receive the lowest rate. Your actual rate depends on a variety of factors.
Example: A $100,000, 12-month, 12% fixed-rate, interest-only loan on a SFR requires payment of origination points (2.25% of the loan amount), application fee ($200) and a document drafting fee ($500), plus any premiums for required insurance policies and title and escrow services. Rates, terms, fees and conditions are subject to qualification and may change from time to time without notice.