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Fidelity Bancorp Funding describing itself
Fidelity Bancorp Funding
Costa Mesa, CA·Nationwide
Fidelity Bancorp Funding (FBF) is a Nationwide direct lender specializing in asset-based and interim financing for commercial and residential investment properties. FBF offers a quick and easy loan process with stated income and asset loans, all with ONE signature. We understand that investors need to capitalize quickly on market opportunities. That is why we have funded over $13 Billion in loans.
Loan programs
Maximum leverage
Max LTV 50%Max LTC 50%
Maximum leverage
Max LTV 50%Max LTC 50%
Maximum leverage
Max LTV 50%Max LTC 50%
Also offers— no published terms
Terms & qualification
- Typical loan size
- $500K – $10M
- Typical term
- 1 mo – 36 mo
- Origination / points
- 1% to 2%
- Minimum FICO
- 650
- Lien position
- 1st
- Prepayment penalty
- no
- Payment structure
- Interest Only
- Recourse
- Always
- Closing speed
- 10 days typical · 3 days fastest
- Prepayment structure
- None
- Cross-collateral
- Yes
- Equity / JV capital
- No
- Income documentation
- Credit Report, Bank Statements, Loan Application
- Borrower entity
- Individual(s), LLC, Limited Partnership, Trust, Corporation, Non-Profit Corporation