FAQs

LendingOne is a national lender, providing investment loans in every state except Alaska, Nevada, North Dakota, and South Dakota.

Yes. LendingOne only works with LLCs, Limited Partnerships, General Partnerships, Corporations and Revocable Trusts.
If a borrower has not established a Company or LLC to hold title to their properties, LendingOne can assist.

No, LendingOne is a direct lender backed by a leading global asset manager and is well-capitalized to finance all different types of real estate investment projects.

LendingOne is headquartered in Boca Raton, FL with satellite offices in Charlotte, NC and Great Neck, NY

At LendingOne, each borrower receives dedicated support from a loan officer and closing coordinator, ensuring a smooth and quick application and closing process for every loan.

Borrowers request a draw, and within 48 hours, a third-party inspector verifies the completed work. Funds are then released and wired to the borrower’s account.

LendingOne offers two appraisal options: A full appraisal with an on-site property inspection by a third-party licensed appraiser, or a desktop appraisal (internal, licensed appraiser). Your project coordinator can help determine the best option for your loan.

LendingOne contracts with independent national servicers to collect payments. All loans are on ACH for monthly payments.

To request a payoff, please request directly from the LendingOne servicer that has been sending statements. You may also contact postclosing@lendingone.com with any questions.

No. Once you fund your first loan with LendingOne, future loans are a turnkey process. Your dedicated loan officer will collect the property details for your next investment, making it fast and easy.

Yes, LendingOne has an exclusive wholesale department and a dedicated partnership program for brokers.

LendingOne broker partners can charge 3 points on the HUD and up to 1 point YSP.

LendingOne appraisals cost $550 each.

Currently, LendingOne only lends on SFR, 1-4 unit properties, condos, and townhomes.

LendingOne charges 1 point or $2,000 (whichever is greater) and $1,395 for processing and legal fees.

LendingOne requires borrowers have completed a minimum of 1-2 transactions in the last 3 years.

LendingOne provides Fix and Flip loans for the following property types:
1. Single Family Residences
2. 2-4 Unit Properties
3. Condominiums
4. Townhouses

No, LendingOne does not require W-2s or tax returns.

No, LendingOne Fix and Flip Loans do not include a prepayment penalty.

LendingOne offers a minimum of $100K to a maximum of $3M for fix and flip financing

LendingOne provides up to 92.5% LTC and cover up to 100% of rehab costs.

Closings can vary depending on several factors but typically LendingOne can close fix and flip loans in as little as 10 business days.

Yes, LendingOne offers multiple refinance options and discounts with our fix to rent program.

LendingOne provides DSCR Rental Loans for the following loan types:
1. Single Family Residences
2. 2-4 Unit Properties
3. Condominiums
4. Townhouses

No, LendingOne does not require W-2s or tax returns.

LendingOne’s rental loan amounts cover between $70K to $2M.

Debt Service Coverage Ratio (DSCR) is a calculation used to assess a property’s potential to cover its own expenses. It is calculated by dividing the Net Operating Income (NOI) by Total Debt Service (TDS).
If the number is over 1, the property is generating enough income to cover its debt.
If the number equals 1, the property is breaking even.
If the number is less than 1, the property isn’t generating enough income.

No. LendingOne only provides loans for non-owner occupied (investment) properties, not primary residences.

Leverage amounts will be based on a variety of approval factors, but LendingOne can provide up to 80% LTV for purchases and refi’s and Up to 75% LTV cash-outs.

We offer flexible prepayment penalty options. From 0 year to 5 year.

Leverage amounts will vary based on a variety of approval factors, but LendingOne can provide up to 95% LTC for fix to rent loans.

Borrowers who choose a fix and flip loan with the intent to refinance into a rental loan can receive an extra 0.5% off the total rate. The loan is only a 9 month maturity, so if you choose not to refinance the property, an additional 1 point will be added to the fix to rent loan pay off amount.

LendingOne can fund a portion of the purchase price and 100% of the rehab budget with a fix and flip loan. When the borrower chooses to keep the property, LendingOne can refinance the fix and flip into a long-term rental loan.

BRRRR stands for Buy, Rehab, Rent, Refinance, and Repeat. It is an investment strategy where an investor purchases a property with a short-term fix and flip loan with the intention of making necessary repairs and then refinancing the deal into a long-term rental property. The investor can then put the cash received from the refi towards another property and repeat the process over again.

LendingOne requires a minimum of 3 properties for a portfolio loan.

LendingOne allows you to consolidate up to 20 properties into one loan.

LendingOne lends up to 75% of purchase and rate/term, and cash-out refinances.

LendingOne requires at least 1.0 DSCR on SFR Portfolio loans.

LendingOne lends up to 85% LTC.

LendingOne requires borrowers to have completed at least one new construction/ground-up project in the last 36 months.

LendingOne provides New Construction Loans for the following property types:
1. Single Family Residence
2. 2-4 Unit Properties
3. Condominiums
4. Townhouses