Invest In Your Community
Join us in helping develop sustainable local economies:
We connect builders, developers, and other Real Estate entrepreneurs with flexible financing solutions for their projects, while offering our investors a secured way to participate in local Real Estate markets.
Rapid Processing & Closing
Predictable Cash Flow
Secured by Real Estate
Basic Loan Terms:
- Loans limits from $100,000 - $8M
- Term 12 months to 24 months with renewal options
- 3 month minimum interest period
- Current interest rates 11.25-12% on funds drawn
- Minimum borrower cash contribution 20-30% down
- ALFIE funds up to 100% of construction cost for Speculative home loans. Borrower must own lot free and clear.
- Quick construction draw processing
- Underwriting in less than 2 weeks
- Typical closing in 3 to 4 weeks or less
Max Lending Limits:
- Improved properties: up to 65% LTV (Loan to Value) or 70-80% LTC (Loan to Cost) whichever is less (Non Owner Occupied properties)
- Unimproved properties: Up to 50% LTV/LTC on Land and Acquisition/Development.