Here are answers to some of our most frequently asked questions.
A private money lender is an investor who makes loans securedby real estate, typically with less required documentation than traditionalbanks and lenders because private money lenders are usually basing theirunderwriting on the property value and experience of the borrower.
We make lending easy, fast, and efficient. Temple View can do the deals that other lenders can’t. Our range of loan programs gives us an edge over our competitors. Temple View has years of industry experience and a proven track record of success when it comes to developing creative and effective real estate investment funding strategies and was founded by entrepreneurs with more than 20 years of residential mortgage and real estate investment experience, Temple View has been at the forefront of innovative product development since its inception. Since we have our own capital, that gives us the ability to customize and work on complex deals. We are one of the only lenders to offer advanced rehab draws as a unique benefit to our borrowers.
Our 15+ years of success in this business is a testament to our commitment to client service, and our focus on transparency, reliability, and stability. We offer a comprehensive suite of innovative funding programs that are tailored to your specific needs. We adjust our programs accordingly to ensure the long-term sustainability of our clients’ projects and portfolios. We are trusted by thousands of borrowers nationwide, through all sorts of economic conditions. In fact, when others stopped lending during COVID, we didn’t – we supported those who needed us most.
Temple View is a national private portfolio lender that offers flexible financing for investors in residential real estate. Our loan programs include:
Residential Transition Loans:
Rental Finance or “DSCR”
Ground Up Construction
Program Features:
• No Asset Verification
• Residential, Non-Owner Occupied
We are a property-centric lender; however, credit is taken into consideration as part of our underwriting process.
Temple View provides bridge loans offering short-term funding to cover the gap between two transactions, typically when your construction loan is due, and your long-term financing is complete or additional time is needed to sell the property.
No, Temple View lends only to business entities (LLC’s, C Corps, etc.). Registering a business entity is easier than many think, and the process can often be started online through your state government.
Temple View does not have an owner-occupied loan program. We lend to experienced real estate investors for the purchase, improvement, and construction of residential non-owner-occupied properties, including rentals.
Your draw schedule will be based on two draw types:
The process is as follows:
To learn more about the construction draw request process click here
Residential, Non-Owner-Occupied, Single-Family, 2-4 Units, Condos, and Townhomes.
Fill out our online application here or call one of our experienced loan officers a call today at 844-232-7878 to start the conversation. Each loan scenario is unique, and we believe in a personalized approach to each transaction. At Temple View, we aim to sit on the same side of the table as our borrower and get to know your individual needs to help make your project a success.