StraightLine Funding

Charlotte, NC·Nationwide

Straightline is a premier provider of Bridge Loans and Rental Property Loans. We are also the #1 Transactional Funding Lender in the Nation. Our Loan Menu Includes:

StraightLine Funding describing itself

Loan programs

Bridge

Maximum leverage

Max LTV 90%Max LTC 90%

DSCR / Long-Term Rental

Maximum leverage

Max LTV 90%Max LTC 90%

Fix & Flip

Maximum leverage

Max LTV 90%Max LTC 90%

refinance

Maximum leverage

Max LTV 90%Max LTC 90%

Also offers— no published terms

Fix to Rent (BRRRR)Ground-Up Construction Transactional Funding

Terms & qualification

Typical loan size: $50K – $2M
Typical term: 6 mo – 30 yr
Interest rate: 3.75% – 12%
Origination / points: 1.25% to 3%
Minimum FICO: 680
Lien position: 1st
Prepayment penalty: Rental Loans - 3/2/1 declining prepayment penalty applies
Payment structure: Interest Only
Recourse: Always
Closing speed: 20 days typical · 10 days fastest
Prepayment structure: Step-down
Cross-collateral: No
Equity / JV capital: No
Income documentation: Credit Report, Bank Statements, Loan Application
Borrower entity: LLC, Corporation

Lending footprint

AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY

Explicitly excluded: AZ, CA, ID, MN, ND, NE, NV, NY, OR, SD, UT, VT, WA