We Fund Rehabs | Fix & Flip Funding

ACCOUNT INFORMATION OR LOAN STATUS
NEW LOAN INQUIRIES
ACCOUNT INFORMATION OR LOAN STATUS
NEW LOAN INQUIRIES
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FAQs

Non – Owner occupied, 1 – 4 unit residential investment purpose properties. We typically try to stay away from opportunities that include commercial properties, manufactured housing, vacant land and condominiums
  • Copy Of The Contract
  • Pictures Of The Home Inside And Out
  • Scope Of Work
  • Projected ARV
  • Opinion Of As - Is Value
  • Three Sold Comps To Support Your Projected ARV
  • Entity Documents If Your Borrowing Through An Entity
No . All of our offerings are for a one year term. Borrowers are welcome to pay off at any time without penalty.

No. Midwest Investment Lending is a business purpose private lender. We only lend to Real Estate investors on properties acquired for profit potential. No portion of the loan proceeds may be used for non-business purposes. Owner occupied collateral loans and non-business purpose loans are considered consumer purpose and for those we recommend you seek conventional financing through traditional lenders. 

Midwest Investment Lending will consider projects needing a loan up to $250,000 at one location. We will consider higher loan amounts on loans with multiple locations as collateral.
No. Midwest Investment Lending strictly lends on first position loans. All loans must be closed at a local title company and a Lender’s Title Policy must be furnished to the lender.
No. Midwest Investment Lending only charges interest on your outstanding balance, not on the rehab holdback so you don’t pay for the funds you are not using. We offer in – house construction draws. This can be a big savings compared to other private lenders that charge interest on the undisbursed rehab hold back.

We typically close in 7 – 10 business days. We have closed as quickly as 24 hours for established repeat customers. Speed can be influenced by how quickly the borrower submits requested documents and turn around time by the borrower’s title company of choice.

No. We conduct our own in – house evaluations in determining AS – IS Values and After Repair Values as a part of our underwriting. This speeds up the process, getting you to the closing table quicker! There is no charge for this service.

We typically fund 100% of the rehab budget after closing. We issue draws based on reimbursing the borrower for completed and paid for line items. There is a $100 fee for each post closing draw exercised. Conditions apply.

This varies based on a variety of factors including but not limited to the following:

  • As - is value and after repair value
  • How attractive of a deal you found on the property
  • Your experience in the industry
  • Number of loans completed with our company
  • Lender collateral preferences
We fund many deals with 10 – 20% down towards the purchase price and finance 100% of the renovation . Some situations require more down and some require less. We never fund more than 70% of a conservative after repair value. Some loans require funding to be less than less than 70% ARV. We are very deal specific. Some borrowers choose a cross collateral option to allow for 100% financing.

Yes. We charge a 3% loan origination fee at closing on all loans and have a $1,500 minimum. 

Midwest Investment Lending makes business purpose loans to Real Estate investors in SW Missouri. This includes the greater Joplin and greater Springfield markets and beyond. Current counties served include Jasper, Green, Christian, Newton, Lawrence, Barry, McDonald, Dade, Polk, Barton, Cedar, Vernon, St Clair & Bates.

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