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.
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.