Junegrass Lending Loan Products

The standard loan terms we quote

Bridge

9-13%

Interest rate
Apply Now
A short term bridge loan until you can secure long-term financing
Fix-and-Flip

9-13%

Interest rate
Apply Now
Our primary loan product for rehabers looking to profit on a flip
Transactional

1

Point
Apply Now
Loans to wholesalers for same day, same title company closings
Loan product
Bridge
Fix-and-Flip
Transactional
Loan Value
$50,000-$5,000,000
$50,000-$5,000,000
$75,000-$1,000,000
LTV
Up to 75% ARV
Up to 70% ARV
Up to 100%
Points
1-3
1-3
1-2 (Minimum fee of $400)
Interest Rate (interest only)
9-13%
9-13%
Term
6-24 months
6-18 months
Closing Time
As fast as 5 days
As fast as 5 days
As fast as 48 hours

Frequently asked questions

What types of properties do you lend on?

We lend on non owner-occupied single family (1-4 units) and multi-family properties. We will also consider ground-up construction projects.

Where do you lend?

We will consider any deal in North Carolina. Our primary markets are Charlotte, Wilmington, Raleigh, Durham, Greensboro, and Winston-Salem.

Do you have a minimum credit score?

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.

What are your fees?
  • Origination Fee: 1-3 points ($2,000 minimum)
  • Processing Fee: $500-$1000
  • Appraisal Fee: $400
  • Wire Fee: $25
  • Draw Fee: $150/draw
How is loan value determined?

Junegrass Lending runs its own comps to determine the After Repair Value ("ARV"). We will typically fund up to 70% of the ARV.

Can I borrow as a consumer?

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.

See what our borrowers are saying

"We could not assign a contract and at the last minute had to call Junegrass. We closed quickly and it was so easy"

Rated 5/5 - from over 40 reviews

"I have done 4 deals with these guys and will never use anyone else."

Rated 5/5 - from over 40 reviews

"I normally just assign contracts but had occasionally have to double close, Junegrass is my go-to everytime

Rated 5/5 - from over 40 reviews

"When our primary financing option fell through we went to Junegrass and they saved the day for us"

Rated 5/5 - from over 40 reviews

"Other borrowers would lead me on and change the terms at the last minute but not you guys."

Rated 5/5 - from over 40 reviews

"Just paid off my first hard money loan and I HIGHLY RECOMMEND. Dylan and his team were always transparent"

Rated 5/5 - from over 40 reviews

"Thank you for your support throughout our project. Having a good team makes all the difference."

Rated 5/5 - from over 40 reviews

"Thanks to Junegrass Lending, we have flipped our 5th house!! We can't recommend them enough,"

Rated 5/5 - from over 40 reviews

"if you aren't sure about financing, go to junegrass lending. any and all questions. they know their stuff."

Rated 5/5 - from over 40 reviews

"Thank you for your speed and honesty, you really helped me profit more on my first rehab project."

Rated 5/5 - from over 40 reviews

Don't compromise on your funding.

We help you close deals at a low cost.