Loan Servicing FAQs

Capital Fund 1 will lend hard money on investment real estate. Some of these transactions include:

• Wholesale Deals
• Off-Market Transactions
• Acquisitions off MLS
• Trustee sales
• REO’s
• Short Sales
• Cash Out Re-Fi’s
• Residential (Sing Family Residence, Condo, Townhomes, Duplex-Fourplexes)
• Construction & Development
• Commercial
• Lot/Land

• AZ: Most of our borrowers come from the Greater Metro Phoenix area of Arizona, we also lend in other cities in Arizona, such as Flagstaff, Tucson, Payson, Prescott, and Lake Havasu City to name a few.
• CO: We now lend in Colorado focusing on the Denver area.
• TX: We now lend in Texas focus on the DFW area.

Capital fund I is able to fund up to $30,000,000 to a borrower at one time.

Capital Fund 1 lends private money based on the value of the asset. We do not run credit checks! Your credit score will not be used to determine whether you are qualified for a private money loan with Capital Fund.

If you are taking out a Fix & Flip Loan with Capital Fund 1, you will pay a one-time document preparation fee. Other loan programs will vary depending on the loan situation.

A “Point” is an “upfront fee” on a private money loan that is incurred at the time of the loan. Each point is equal to 1% of the private money loan amount.

Generally, there will be a down payment required in most loan cases. Speak with a CF1 specialist to review your specific situation.

Capital Fund 1 bases Loan to Value (LTV) calculations on the closed comps in the immediate area. On residential, we can lend up to 85% of Current Value and up to 90% of the purchase price (LTPP). The LTPP in most cases are as follows:

• Fix & Flip Loans- up to 90% LTPP
• Buy & Hold Loans- up to 75% LTPP
• Commercial Bridge Loans- up to 80% LTPP
• Construction & Land Loans- up to 65% LTPP

Note: these are subject to change at any time. Speak with a CF1 specialist to get the most up to date information.

Yes. We welcome new construction loans. We have provided alternative funding for Single Family Residential (SFR) and commercial new construction as well.

No, we can only lend on non-owner-occupied residences. However, tenants in the building are allowed per our loan terms.

Yes, we will lend private money on land.

Yes, we can loan hard money on rehab costs, as long as the property is not owner-occupied.

We do not impose prepayment penalties on most of our hard money loans.

Because we can underwrite all our loans in-house, we can fund your hard money loan in as little as 24 hours.

Yes. We require hazard and title insurance on each property that we lend on.

You can apply for a loan by visiting our loan application or you can call us directly at (480) 889-6100

If a payoff is requested for a date after the 10th of the month and payment has not been made, a late fee will be included. However, if a payment is made before the 10th, an updated payoff may be requested and will no longer show that late fee.

That is our “Broker” fee which is just the cost to release the lien on the property and record that release with county.

Payoffs are typically sent within 1 business day, however please be sure to get in touch with your Account Manager to confirm.

All interest is paid in arears. (Ex. June payment is for the interest of May)

Please email your account manager to request a Satisfaction of Debt letter.

Lien releases are typically recorded with the county 30 business days after the loan has paid off in full.

To reset your portal password please go to the Borrower Portal Log in Mortgage Servicing, Loan Servicing Software | Contact Information (borrowersviewcentral.com) Click the Forgot password? link, enter loan number as account and a rest link will be sent to the email we have on file.

To give authorization to a business or person, we need something in writing from the borrower. This can be a signed document sent to us or borrower giving authorization from the email we have on file.

If you cannot locate your account manager please fill out the contact form located on the Account Manager page.

Signed loan documents can be sent upon request.

The Maturity Date is when a loan comes to term. Loans will come to term on the 1st of the month, but we provide a grace period through to the end of that maturity date’s month to be able to extend, refi, or payoff the loan without penalty. (For example, if a loan’s maturity date is April 1st, the grace period to payoff, refi or extend is April 30th before it can be penalized)

We send this as a courtesy to remind our borrowers that their loan is about to come to term.

This is a final notice to remind our borrowers that their loan is coming to term as default starts accruing the 1st of the next month.

Typically if you do not believe that you will be able to refinance or payoff the loan in time, you should submit an extension request to your account manager. Utilize the 30 and 10 day maturity notices to help you determine if you should seek an extension.

Our system will NOT accept payments when a loan goes past maturity (term). Please get in touch with your account manager in this situation to discuss options to bring your loan up to date.

This is an automated email that our system sends, and does not recognize when a loan is pending extension. If you are working with someone on an extension, you do not have to let your account manager know.

As Capital Fund I, LLC is not a traditional mortgage lender, we do not distribute 1098’s. However, a statement of account may be requested from your account manager, and that can assist you with obtaining the tax information you are looking for. Upon request, please give your account manager a day to send over the statement of account.

Capital Fund 1 tiene la capacidad de financiar hasta $30,000,000 por cliente a la vez.

• AZ: La mayoría de nuestros prestatarios vienen del área metropolitana de Phoenix y otras ciudades dentro de Arizona como Flagstaff, Tucson, Payson, Prescott, y Lake Havasu City.
• CO: Estamos haciendo préstamos en Colorado enfocándonos en el área de la ciudad de Denver.
• TX: Hacemos prestamos en Texas

En Capital Fund 1, prestamos dinero duro para inversiones de propiedades inmobiliarias incluyendo:

• Ofertas de Wholesale
• Transacciones fuera del mercado
• Adquisiciones fuera del MLS
• Ventas Fiduciarias (Trustee Sales)
• REO’s
• Ventas cortas
• Refinanciamiento con efectivo
• Residenciales (Residencias familiares, Condominios, Townhomes, Duplex- Fourplex)
• Construcción y Desarrollo
• Comercial
• Terrenos y Lotes

Tenemos plazos de 6 a 24 meses. Y ofrecemos extensiones de 6 meses.

Capital Fund 1 financia por recursos privados y nos basamos sobre el valor de las propiedades. ¡No checamos su crédito! No usaremos su puntaje de crédito para calificar a nuestros préstamos.

Para un préstamo para proyecto de arreglar y vender (Fix & Flip), usted pagara un costo de trámite de $999 por un plazo de 6 meses. Otros programas de préstamos varían por cada tramite.

Un “Punto” es un cobro por tramite equivalente a un porciento (1%) del total del préstamo que es cobrado al recibir su préstamo.

Capital Fund 1 se basa en el valor de la propiedad para su préstamo. La calculación del préstamo por valor (Loan to Value) es entre propiedades inmuebles comparables en el área de locación. Para propiedades residenciales, prestamos hasta es 85% de Valor Actual y hasta el 90% del precio de compra. El préstamo por el precio de compra en la mayoría de las veces es por lo siguiente:

• Para Arreglar y Voltear (Fix & Flip) – prestamos hasta el 90% del precio de compra
• Compras para alquilar – prestamos hasta el 75% del precio de compra
• Préstamo Temporal Comercial (Bridge Loan) -prestamos hasta el 80% del precio de compra
• Proyectos de Construcción y Terrenos – hasta el 65% del precio de compra

Nota: estos porcentajes están sujetos a cambios en cualquier momento. Hable con uno de nuestros especialistas para información más actualizada.

Generalmente, va a ver un pago inicial en casi todos los programas de préstamos que ofrecemos. Hable con uno de nuestros prestamistas para revisar su situación.

Si. Nuevos proyectos de construcción son bienvenidos. Hemos ayudado con alternativas para financiar residencias familiares y nuevos proyectos comerciales de construcción.

No, solo podemos prestar a residencias de inversión y no a hogares propios. Sin embargo, las propiedades pueden ser alquiladas con inquilinos.

Si, tenemos préstamos para terrenos y lotes.

Si, podemos prestar en costos de rehabilitación solo mientras la propiedad no este habitada por el prestatario.

En la mayoría de nuestros prestamos no cobramos por pagos en adelantados.

Nosotros evaluamos su préstamo y el resto del proceso internamente por lo que podemos cerrar y depositar fondos dentro de 24 horas.

Usted puede aplicar para un préstamo en esta página o llámenos al (480) 889-6100