Loan Programs
Loan Programs
When other lenders are too rigid in their pre-qualifications or are moving too slowly for your needs, Veristone can step in to fill the gap. Put our speed, responsive service and simple loan products to work for you.
Fix & Flip Loans
Whether you are acquiring an under valued property or need a refinance, Veristone is positioned to help borrowers through the Fix & Flip loan process faster than other lenders. Improving the value of an investment property takes time so we tailor our terms to match the scope of the project which enables borrowers to keep their financing cost down.
Features
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Loan terms from 1 month to 24 months
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Up to 80% LTV
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Finance up to 100% of rehab funds
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Cross collateralization available
Bridge Loans
Not all investment properties require a rehab component. Veristone''s Bridge loan is perfect for borrowers who need time to "bridge the gap" before selling or refinancing the property. Our Bridge loan is also a great way for buyers to compete with cash offers in the competitive real estate market.
Features
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Loan terms from 1 month to 24 months
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Up to 80% LTV
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Seller carrybacks accepted
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Cross collateralization available
Land Loans
Our land loan is perfect for borrowers who are interested in buying or refinancing land, whether raw, unimproved or improved, because it allows time to change the zoning, get entitlements approved or secure construction financing. Veristone designs its land loan based on the specific needs of the borrower and uniqueness of the development.
Features
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Loan sizes up to $25M
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Up to 60% LTV
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Seller carrybacks accepted
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Cross collateralization available
Construction Loans
Obtaining vertical construction financing can seem intimidating based on the size and scope of a project, but Veristone has spent years fine tuning its program to alleviate the pitfalls that slow other lenders down. Veristone's Construction loan moves borrowers through the approval process in a matter of days (not weeks or months) for projects with permits in hand.
Features
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Loan terms from 1 month to 24 months
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Loan sizes up to $25M
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Up to 85% LTC
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Cross collateralization available
Auction Loans
The foreclosure auction requires a cashier check for the full purchase amount prior to bidding which is difficult for a lot of potential buyers. Utilizing Veristone at the courthouse steps allows a borrower to bring 25% of the purchase price and leverage the remainder with an Auction loan. If you have the appetite for the exciting world of foreclosure auction, Veristone has the perfect loan program available.
Features
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Same Day Loans Available
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Full Loan terms up to 12 months
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Trustee & Sherriff Foreclosures Sales
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Up to 75% LTV
Veristone provides real estate investment loans for investors looking to fund their next project.
6725 116th Ave NE, Suite 210 Kirkland, WA 98033
Corporate Headquarters - 425.828.9800
Speak with a Loan Expert - 888.760.9801
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