RBI Mortgages
Direct Hard Money Lender for Residential Property Investors
RBI Mortgages is a direct hard money lender in New York, Florida and Texas for residential properties only.
We have funded hundreds of deals since our inception in 2015, with a focus on single family homes, condos and multi-family complexes (2-4 units).
Submit your loan proposal to us and we will get back to you within 48 hours to see if we can fund your deal.
No owner occupied properties
No ground-up construction
No land
Lending Guidelines
- Amounts
- $75k - $5m
- Rates
- 7.99% - 10.75%
- LTV
- 65%
- LTC
- 65%
- Origination Fee
- 1% to 3%
- Term Length
- 6 to 24 months
- Closing Time
- 5 to 10 days
Loan & Property Types
- Loan Types
- Fix and Flip
- Bridge
- Probate
- Investment Property
- Refinance
- Property Types
- Auto Repair
- Car Wash
- Gas Station
- Office
- Retail
- Mixed Use
- Parking Lot
- Storage Facility
- 2 to 4 units
- Day Care
- Condominium
- Hotel / Hostel / Motel
- Mobile Home Park
- Hotel / Hostel / Motel
- Multi-Family
- Assisted Living Facility
- Single-Family
Loan Parameters & Fees
- Parameters
Credit check required
Interest-only loans
Lend to forgien nationals
Owner-occupied property allowed
Will lend on purchases from auctions
Does property have to be under contract
Will provide proof of funds letter
Has pre-payment penalities
Minimum FICO score
600
2nd position loans
Lends on land
Lends to first time borrowers
Lends on ground-up construction
- Fees
- Legal
- Underwriting
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EmpireFunders, 2093 Philadelphia Pike #7979, Claymont, Delaware, 19703