Invest In Your Community
Join us in helping develop a sustainable local economy. We connect real estate entrepreneurs seeking flexible financing solutions with investors seeking profitable investment opportunities for their mutual benefit.
Rapid Processing & Closing
Predictable Cash Flow
Secured By Real Estate
Basic Loan Terms:
- Loans limits from $100,000 - $10M
- Term can be from 9 months to 36 months with possible renewal
- 3 month minimum interest period
- Current interest rate less than 1M = 11% and more than 1M = 10% on funds drawn
- Minimum borrower cash contribution 20-25% down
- Alfie funds 100% of build cost for Spec home loans
Max Lending Limits:
- Up to 65% LTV/ARV or 75% cost whichever is less for improved properties (Non Owner Occupied properties only)
- Up to 50% LTV/LTC on Land Acquisition/Development (Alfie & AND Loans are limited)
- Up to 50% Equity Cash Out Loans on Improved Investment Real Estate
Spec Home Loans:
- 100% Construction financing
- Borrower to own lot free and clear
- 9 or 18 month term with 3 month minimum interest
- Super fast underwriting and approval process
- Simple quick construction draw inspection and funding
We want our
borrowers to succeed!
ALFIE is a real estate collateral-based lender specializing in creative solutions for individuals looking to purchase or refinance a variety of real estate investments. At ALFIE, we recognize that traditional financing isn't always an option or may not be the right fit for your needs. You may be looking for terms a bank can't offer. You may need your money fast. You may have less-than-perfect credit.
That's why we have alternatives.