Finally, a nonbank lender for you to place your hard to source deals. ReadyCap combines up-front approvals, common-sense underwriting, speed of execution, and great loan products. The result for you is nothing short of an extraordinary experience, where you get paid faster with less hassle. ReadyCap is broker-friendly, offering rates at par and allowing you to submit for payment by the borrower on the HUD at closing.
We are not a private money lender and do consider the credit quality of both the borrower and the property. Think of us on your deals that just-miss the banks' credit box, and need a little more explanation. Perhaps the deal requires higher leverage than the banks, or the borrower has a story - we welcome the opportunity to get your deals closed, are you ready?