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CoreLend Financial describing itself
CoreLend Financial
Memphis, TN·Founded 2018·2 states
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.
Loan programs
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%
Term
9 mo
Rate
5% – 7.75%
Maximum leverage
Max LTV 80%Max LTV (cash-out) 75%Max LTP 100%
Also offers— no published terms
Terms & qualification
- Typical term
- 6 mo – 9 mo
- Minimum FICO
- 660
- Prepayment structure
- Step-down