The Loan Program Breakdown

  • 100% of Purchase Price

  • 100% of Rehab

  • Total loan amount not to exceed 70% of After Repair Value.

  • Pending the deal, they are usually 12%-3pt

  • Minimum 3 months and upward of 12 month term.

  • Points, Closing costs and Interest-Only payments to be provided by borrower at Close of Escrow. Considered as borrower contribution or "skin in the game".

  • Exit Fee

You may send info@jaredequities.com the following items for a preliminary analysis:

  • Close of Escrow (21 days from application submittal)

  • Property address

  • Purchase Price

  • Rehab costs

  • After repair value

  • Length of term (months)

  • Cash-in (borrower contribution)

  • Exit Strategy

To review the funding request, we conduct a thorough due diligence process.  As a private lender we can be flexible with our lending criteria and less stringent than other lenders. However, I take extra measures to verify and review documents to assure security of issued funds.  

In addition, as a first-time client we will conduct a thorough vetting process, because our goal is to establish a relationship with experience investors and create a long-lasting relationship to grow our businesses. Our vetting process and due diligence for first-time clients can be laborious due to the information and documents required.  We ask for your patience in advance during this first round and assure a streamlined process in the rounds thereafter.

To move the process forward please provide the following:

  • Application

  • Drivers license

  • Credit report

  • Entity Information

    • Articles of Incorporation

    • Operating Agreement

  • Purchase Contract (signed)

  • Prelim Title Report

  • Comps

    • no more than 1/2 mile & 6 months

  • Executive Project Summary

    • Summarize game plan

    • Identify Exit Strategies

    • Summarize borrower experience to complete project

  • Detailed Project Scope, Costs & Schedule

    • Provide licensed contractor info

    • Include GC contract

  • Subject Property Permit History / Outstanding Violations

    • Provide building department verifications

Pending review of the above documents, additional information are required for JEI to coordinate:

  • Current appraisal for As-Is Value

  • Broker Price Opinion (BPO) & After Repair Value

  • Property Inspection Report