LENDING
Simplestate offers access to private short-term hard money loans to help fund your next real estate investment. Our approval process is quick and efficient, have an approval for your project within as little as 48 hours.
BORROWING WITH SIMPLESTATE
ASSET BASED
Our loans are fully asset based held in an LLC or Corporation entity
SIMPLE APPROVAL PROCESS
Complete our quick online application and receive an approval within as little as 48 hours
100% FINANCING
We will finance 100% of the purchase price with no closing fees
Our financing can be utilized for residential or multifamily real estate. Options for financing are offered up to 100% of the purchase price over a 6-month time period. Loans made through Simplestate are asset-based and are generally determined using the underlying real estate's estimated and current worth.
LLCs and other corporate organizations may access financing if borrowing in the following states:
Nebraska
Iowa
Colorado
Missouri
Kansas
Utah
Kentucky
*Contact us if you're interested in borrowing in a state not listed!
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vs OTHER LENDERS
FEES
APPROVAL
TIME
CLOSING
TIME
LENDING
POWER
CREDIT
CHECK REQUIRED?
APPRAISAL
REQUIRED?
$0
24-48 HOURS FROM TIME OF REQUEST
AS LITTLE AS
24 HOURS FROM APPROVAL
100% OF
PURCHASE PRICE
NO
NO
OTHER HML LENDERS
2%-6%
UP TO 1 WEEK
2 WEEKS FROM APPROVAL
80% OR LESS OF PURCHASE PRICE
YES
YES
BANKS
2%-5%
1 - 2 WEEKS
30-60 DAYS FROM APPROVAL
80% OR LESS OF PURCHASE PRICE
YES
YES
