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CoreLend Financial

Memphis, TN·Founded 2018·2 states
Visit website ↗(901) 350-0685
CoreLend Financial is a local private lender specializing in fast, reliable fix-and-flip loans, short-term bridge financing, new construction lending, and DSCR rental loans across the Memphis and Birmingham markets.
CoreLend Financial describing itself

Loan programs

DSCR / Long-Term Rental

Term
20 yr – 30 yr
Rate
6.5% – 7.75%
Amortization
Balloon
Maximum leverage
Max LTV 80%Max LTV (cash-out) 75%Max ARV 80%Max LTP 100%

Ground-Up Construction

Term
9 mo
Rate
5% – 7.75%
Maximum leverage
Max LTV 80%Max LTV (cash-out) 75%Max LTP 100%

Fix & Flip

Term
9 mo – 15 mo
Rate
6%
Maximum leverage
Max ARV 75%Max LTP 100%
Also offers— no published terms
BridgeFix to Rent (BRRRR)Transactional Funding

Terms & qualification

Typical term
6 mo – 9 mo
Minimum FICO
660
Prepayment structure
Step-down

Lending footprint

ALTN

Sources

This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.