Certain Lending
Certain Lending provides a range of financing solutions for residential and small multifamily investment properties, including short-term, permanent, and bridge loans, as well as bank statement loans for self-employed individuals.
Services
Certain Lending offers a range of financing solutions tailored specifically for real estate investment properties. These include short-term financing for fix and flip projects, permanent financing for rental properties, and specialized loans for short-term rentals listed on platforms such as Airbnb and VRBO. They also provide financing for rental portfolios, allowing experienced investors to manage up to 10 properties under a single loan. Additionally, Certain Lending offers bridge loans for newly constructed or renovated properties that are vacant, as well as bank statement loans for small business owners and self-employed individuals.
Loan Terms and Conditions
Certain Lending offers loans with terms ranging from 6 months to 30 years, depending on the product. Financing solutions are available for various real estate investment strategies including construction, fix and flip, buy and hold, and BRRRR. The company provides up to 100% financing of renovation costs for fix and flip projects and supports both traditional and modular construction for new homes, townhouses, and accessory dwelling units. Loans are exclusively for investment properties and cannot be owner-occupied. Certain Lending does not lend in HI, ND, NV, SD, and WV.
Technology and Processes
Certain Lending utilizes software to handle the underwriting process, ensuring tailored mortgage products to meet client needs. The technology enables the company to offer flexible terms, ease of draw funding, and expedited closing processes, with some loans closing in as few as 5 days. Virtual inspections are used for both draw funding and closing processes, streamlining operations and minimizing delays.
Products
Certain Lending offers a variety of loan products including 30-year amortizing mortgages for rental properties, which can cover single assets or portfolios of up to 10 properties. The company provides flexible loan terms and does not require employment or income verification for most products. They also offer specialized products such as bank statement loans for self-employed individuals and foreign nationals, who can obtain financing at reduced loan-to-value ratios.