Fix & Flip Loans
Quick and no-hassle, our fix and flip loans cover of the repair and purchase costs, up to 75% of the after-repair value (ARV). We will work closely with you to ensure we all succeed.
Bridge Financing
Have unexpected costs eaten away at your rehab budget? We offer short-term bridge financing to help you finish any repairs to meet your deadline. You can then sell or refinance your property.
Rehab to Rent
Sometimes a property offers too good of a deal to fix, flip, and walk away. We offer short term funding that will allow you to renovate a rental property before refinancing into a long-term mortgage.
What are the Benefits of working with a Private Lender?
Private lenders, also called hard money lenders or asset-based lenders, offer a unique service providing funding for real estate investors. Hard money lenders are in the business of providing funding to qualified real estate investors on projects that don’t meet the criteria of conventional lenders. Hard money loans are based on the experience of the rehabber, the scope of work, and the after-repair value of the property. This allows a private lender to offer funding without running credit checks, on a shorter loan term, and with funding provided within days instead of weeks or months.
Interest Only Payments
Convenient, interest only payments allow our clients to focus on completing their project on time and on budget.
Fast Proof of Funds
We do all underwriting in-house. As a result, we can provide a proof of funds letter within minutes of receiving a qualified deal.
Up to 75% of ARV
Our standard loans cover up to 85% of the purchase price of the property and up to 100% of all rehab costs. We can lend up to 75% of the after-repair value.
No Credit Check
Hard money loans are designed for investors who cannot get conventional loans. As a result, our loans are based off the value of the property and any associated assets held as collateral.
Flexible Terms
Standard rehab loan terms are 12 months with no pre-payment penalty after the first four months.
Close in Days
All of our underwriting is done in house. With the required information provided, we can provide access to capital to a qualified borrower in a matter of days.
Why Choose Blueberry Funding
At Blueberry Funding, we are dedicated to revitalizing the Alaskan housing market through sustainable investments. As a local hard money lender, we do all of our underwriting in house, which allows us to work personally with every client and customize our loans to their individual needs. We know what does and doesn’t work in Alaska, with Blueberry Funding you aren’t just getting a private lender, but also an experienced advisor.
Get Started
We’d love to talk about your next project
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