The standard loan terms we quote
We lend on non owner-occupied single family (1-4 units) and multi-family properties. We will also consider ground-up construction projects.
We will consider any deal in North Carolina. Our primary markets are Charlotte, Wilmington, Raleigh, Durham, Greensboro, and Winston-Salem.
Yes, we would like to see at least a 600 credit score. The property is the focus but we will look at the borrower's liquidity, experience and credit.
Junegrass Lending runs its own comps to determine the After Repair Value ("ARV"). We will typically fund up to 70% of the ARV.
No. By applying for a loan with Junegrass Lending you are certifying that the intended purpose of the loan is for business use only, not personal use. You cannot live in the home or have family members living in the home. We are not licensed to lend to consumers.
"We could not assign a contract and at the last minute had to call Junegrass. We closed quickly and it was so easy"
"I have done 4 deals with these guys and will never use anyone else."
"I normally just assign contracts but had occasionally have to double close, Junegrass is my go-to everytime
"When our primary financing option fell through we went to Junegrass and they saved the day for us"
"Other borrowers would lead me on and change the terms at the last minute but not you guys."
"Just paid off my first hard money loan and I HIGHLY RECOMMEND. Dylan and his team were always transparent"
"Thank you for your support throughout our project. Having a good team makes all the difference."
"Thanks to Junegrass Lending, we have flipped our 5th house!! We can't recommend them enough,"
"if you aren't sure about financing, go to junegrass lending. any and all questions. they know their stuff."
"Thank you for your speed and honesty, you really helped me profit more on my first rehab project."