Great Simond fund LENDING CRITERIA

Great Simond provides asset-based hard money lending to investors look for funding on non-owner occupied residential and commercial investment deals. All Great Simond loans are evaluated with asset- standards, as opposed to the conventional standards utilized by banks and other institutions. That means that even if you don’t meet the stringent requirements and guidelines of banks or more traditional lenders, you can still quickly and confidently make offers on real estate deals. Great Simond Funding’s mission is to provide capital to real estate investors, allowing them to gain financial freedom through profitable real estate transactions. It is also important we have a functional and good story plan about the company

*Higher credit scores (680+), and down payment (20% or more) trumps 3,4 and 5.

Non-owner occupied Single Family Residential (1-4 Units)

Investment Purpose: Acquisition, Cash-out, Refinance, Rehab.

  • 90%Purchase
  • 100%Rehab
  • Not To Exceed 65% Loan To Value
  • Cash-Out Refinance 50%
  • Rates Varies Terms; 6-24 Months.